We got a nice little pop out of this yesterday, pushing the price up to the 2.618 Fib above $142, at that point it struggled to hold and we started to see some early signs of a pull back.
I sold 50% of my allocation at this point and I will be looking for a good pull back to add again.
We spoke at the weekend about letting this run to see what else we can get out of it and we got a few more %, the set up is now favouring a pull back and the moment this breaks down from the ascending channel, we are in a good position to get our ABC correction to the Fib levels as shown.
PM is down -2% too, so this backs up our thesis.
$ABNB has been the stock that continues to give all year and I will continue to take advantage of a stock that moves this well controlled.
Jong
2023-12-12 14:23:01 +0000 UTCDiana
2023-12-12 14:13:27 +0000 UTCJong
2023-12-12 12:40:14 +0000 UTCM
2023-12-12 11:23:47 +0000 UTCThomas
2023-12-12 10:00:01 +0000 UTC