TIA - Whats NextTIA Has exploded over the past couple weeks and is starting to cooldown. My Fibonacci analysis perfectly outlines what's next for TIA.
In its current trend from our swing low to our swing high we see price is trying to hold the 0.382 to potential test the 0.236 as resistance.
For me, I would want to see TIA around the 0.618 golden ratio ($4.20) before hopping back in.
If price crashes hard, the BEST spot to reinvest would be around the $2.70 level, but right now eyes are on $4.20.
Also, to show you how important that level is, I did some predictive Fibonacci to prove that could end up being a significant level. If we do some fib analysis from the $4.20 level to our low we can see something amazing with our Fibonacci extensions. Our 1.618 lines up perfectly with our 0.382 (which is proving to be a key level right now) and our 2.618 called the top! (Predictive Fibonacci on the far right).