SMR eyes on $16.68: Golden Genesis fib for the Bounce or Doom

17 oct. 2024

Nuclear stocks have been exploding (lol).
SMR surged precisely to a Geneiss fib.
Watching the Golden sister for bounce.

$ 16.68 is the key level of interest.
$ 15.35 below might be an SL shield.
$ 18.84 above is a good first target.

23 oct. 2024

Trade fermée: cible de profit atteinte

PING

PING from ""Give me a ping Vasilly, One Ping Only".
Such a Ping excites that fib AND all of its sisters.
We are even more confident in the rest of the fibs.

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But will it hold? No way to "know". My rule:
"Not all Pings start a Reversal, but Most reversal Start with a Ping"

So lets see if that will launch the next leg.

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29 oct. 2024

Transaction en cours

BOOM! 33% gains so far

PERFECT launch from our Golden fib.
Exact entry, NO drawdown, trail SL now.

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Zoom IN (m5) and add a fib to the bounce

Green strip fib series seems to fit the wave nicely.
So we look to the 4.236 as wave target at $23.38.
And we consider the 2.618 as SL shield at $21.44

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So 33% gains, take some profits, trail stops clos.
Looking for one more push into $23.38 for next TP.

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1 nov. 2024

Transaction en cours

Absolutely Gorgeous Fibnastics

Stair stepping down (better than elevator?)

Let's see if that last rung at $18.84 holds.

Those Pings do tell us our fibs are still good.

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10 nov. 2024

Note

54% gains booked, new idea posted for retrace targets:
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