VRT looks to be resuming uptrend. Now retesting a Golden fib at $83.69. This could be the start of next leg up.
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BOOM! First major target Hit!
Perfect bounce from our Golden fib to first sister.
For a minimum 13% gain
That assumes entry and exit a little AWAY From the fibs.
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Zoom IN (m5) We have a near perfect Fib-to-Fib bounce.
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Adding a local fib to our bounce:
We have clear reactions at each of the Goldens.
IF it hits local 6.853 at $96.39, expect a reaction.
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BUT looking at the bigger picture:
Blue Genesis fib at $95.22 is well proven.
So the whole world is watching this level.
What happens here will be very telling.
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SUMMARY:
- First major target and biggest jump achieved.
- This is a good spot to take some/all profits.-
- If long term sell SOME, if scalping sell ALL here.
Target #2 HIT for about 22% gains
AND we got past $100 psych level.
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Zoom in (M15) with local fib added:
Crrently at a DOUBLE fib around 102.3x
Just above is a local Golden fib at 104.14
This is also good spot to take some profit.