Log chart showing the repetition of the 3.618X Fibb extension and expected return to the 200-day moving average in the low 200s (50% correction). I forecasted bouncing off of the current ATH on July 10 using this same approach, but that chart has been destroyed by the 5-for-1 stock split. I'm watching for a double top then a return to the 200-day. Future extension target shown for reference. I'm a buyer in the $190-$210 range with a 2+ year time horizon.
Ordre annulé:
This target was not reached, pullback never happened.