FORD eyes on $12.96 into Earnings: Major fib to determine trend

Big F currently at a Genesis fib at $12.96
This fib has shown itself to the market.
Even the fib-blind are watching this level.

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Commentaire:

Time of post is BEFORE earnings release,
chart will not advance until tomorrow.

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Commentaire:

Earnings report knocked it down

Zoom in (m15) with notes about fibs:

We have two high timeframe fib sets in play:
1) Genesis fibs (wave since birth)
2) Covid stimulus (from Covid bottom)

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Adding a fib to the dip (blue stripe)

Indicates this wave might be done,
so perhaps a bounce next session.

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SUMMARY:
- Earnings knocked it down.
- First dip wave might be done.
- Next market session will be key.

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