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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (26164)10/7/2025 8:02:56 PM
From: Kirk ©1 Recommendation

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Thanks. Here is my SFM log chart showing the H&S top intersecting with your 50 to 61.8% retrace range.

I generally add back before the targets are hit just to have some margin. If that happens and it doesn't reach 80 before a good bottom, then I'd expect a good rally to test 130ish from below... I may sit it out given the trend is still down and I have too much in stocks despite more profit taking near record highs today and yesterday.

I think the fundamentals are back to looking good for the stock now but they can overshoot to the under valued as much as they overshot on the upside. Of course it was undervalued for years until someone else discovered it.

Thanks again.