Is this a thing? I was playing with fib spirals over Sandisk's chart, because I noticed a pattern emerging in the run-up to earnings, same as the last time - at one point in the upward rally, there is a dominant green candle, after which the subsequent candles do a bit of a cuved retreat lower and then curve back up towards the earnings date - at first I thought it was a scythe pattern, but that's something different. Does this have a name? I determined that the crux of the spiral sits atop the highest green candle that kicks off the curve, and then the upwards spiral curve to the right, when it becomes perpendicular to 180 degrees, and then starts to curve the other way, that's where the target will be. The curve has to touch/line up with most of the candle points. And it is exactly that for both of the rallies. I sold prematurely because I was overly cautious about the FOMC meeting and the Mag 4 earnings report on Wed night, but I see that today my hypothesis was correct. (I'm autistic).
