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Mike Paulenoff

META Follows My Recovery Rally Scenario

Thirty minutes after the opening bell on November 24, 2025, I posted the following heads-up to MPTrader members about the technical setup in META:META has the right technical look of a significant U-Turn to the upside after completing a 27% August-November correction from 796.25 (8/15/25) to 580.32 (11/21/25)... To gain more powerful upside traction, META needs to climb and sustain above nearest-term resistance at 614.70 to 616.50, which if (when) taken out, will open a higher price pathway to the 670 area to challenge the down-sloping 200 DMA... Last is 609.27...

TSLA: Example of A Fibonacci Price Cluster

TSLA is one of the stock charts we follow every day on both the daily and intraday charts.  It provides a recent example of what I call a Fibonacci Price cluster.  A price cluster is the coincidence of at least 3 Fibonacci price relationships that come together in a relatively tight range.  In the TSLA example, we had a price cluster that came in for possible support at the 379.57-382.32 area.  This zone included a .618 retracement of one swing, a 50% retracement of another swing along with a 100% projection of a prior decline.

FCX: Learning Opportunity Regarding Fibonacci Pinball

I do not often discuss individual stocks, but this one has presented a wonderful learning opportunity, so I decided to do a write up.  In fact, I have been tracking this in my live video presentations daily for quite some time, and I told our members of that service when I was buying around the 35/36 region, and then when I went overweight the stock in the 39 region on the wave (2) pullback.  But, I am seeing something a bit troubling.As you may know, our Fibonacci Pinball structure is set up once waves 1 and 2 are in place.

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