21.10, points to some familiar prices. 162% fib = 21.98 , likely sell my $21.00 calls there, expect the retrace to be back to about 21.32 before the next wave up. May roll into Feb $ 21.00 calls there.
21.57 was C = A, that is the length of the move 19.23 to 21.32 is the same as the move 19.50 to 21.57, if this is a retrace price should not move above 21.27, if it does the 162% fib is at 22.72 a good area of resistance, gaps and peaks.
I often look for price movement too soon. After looking at trendlines for today and Monday, I think I have the time frame for 22.70, Tuesday of course. Doubt we make a Higher High again today, maybe test the high and retrace a little.
Thanks for the suggestion Sandybeachdave. Just a note for those interested. Charts show (3 charts that correlate small, medium, and large price points) we go to 21.64, retrace, then up to 22.86. Then an ABC / or Wave 4 down correction, then up to 24.81, Then another ABC / or Wave 4 down before we hit the larger chart price point of 28.10. Then down.
After that point, we will build of the data points and create new charts.
PS Sharpie, most likely retrace at 21.64. However, if the wave extends, I will list the extended price points, but most likely retrace before it gets to them. Once we retrace from 21.64 (most likely point) we will head up to 22.86.
1.618% - 21.64 - (Most Likely, then we hit Wave 4 down to 21.35 or 21.03, 21.03 being most likely)
2.00% - 21.92
2.618% - 22.39
3.00% - 22.67
3.618% - 23.14