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Friday, January 15, 2021 9:30:59 AM
A lot to unpack from yesterday but just a couple of observations. When all hell is breaking loose on a stock, like what happened yesterday, I like to take a step back and look at a weekly chart to give some perspective. The main takeaway was the perfect, I mean PERFECT bounce off the 61.8% fib line. Don't forget we MUST also take out the flat area from the daily chart at 0.295....just a matter of when we do it.
![](http://investorshub.advfn.com/uimage/uploads/2021/1/15/hnysfSIRC_weekly.png)
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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