/biz/ - Business & Finance

>>3309451
Think we should bring back whaling in a big way. Whaddya think?

>>Pic related - rare hunts

>>3307957

>>3307957
But in terms of fibbo, the 1week has been satisfied dropping below 50% (225~) which means a decent entry. If it drops below the 61% (215) that is considered a safe entry

The whale action means that in shorter time periods (ie smaller than 2 weeks) fibbos are not accounted for. That is catching up but where I am going is that we may see retracement down as low as the 78% (200) which is absolutely nuts. But whale is gonna whale. You can bet your ass they are accellerating the retracement as low as possible so they can scoop up on the cheap. Buying now and holding at least a week (if not 2) will probably see you 50% gains at least.

But if you wait and ride this to the bottom you could see as much as 75%-100% if you buy right when the whales flip and the market says enough is enough