$Alphabet - C(GOOG.US) after a violent rebound and subsequent pullback, currently it looks like:
Fib 0.618 : 340.46
Fib 0.786 : 329.22
Theoretically, the Fibonacci retracement of 0.618–0.786 is the value investing zone, which is also a good area for adding to positions in the underlying stock. The 0.786 region is relatively safer (combined with the lower boundary of the parallel channel and key SMC support).
(Personal view, not investment advice)
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