Feb. 3 at 1:28 PM
$GLSI
Fibonacci upside targets updated
GLSI breaks and holds above ~
$34–35, these are the classic multi-year “measured move” targets:
• 1.272 extension:
$41.26
“First price discovery checkpoint”
• 1.618 extension (golden):
$50.37
“Institutional magnet zone”This is the most important level in the entire structure.
Why 1.618 matters
• It’s where trend followers, quant funds, and longer-horizon capital expect the first full measured expansion to complete
• Stocks that reach 1.618 tend to either: Enter a multi-month consolidation, Or ignite a second acceleration leg
• 2.0 extension:
$60.42
Stocks that reach the 2.0 extension are rarely “done” — they’re usually just re-pricing.
• 2.618 extension:
$76.69
“Momentum climax territory” Unless fundamental news shift.
• 3.618 extension:
$103.01
“Cycle peak zone (not a prediction, a probability band)”
implies:
• strong fundamental catalyst
• Multi-year narrative fully embraced
{Extension price} = H + (H - L) x Fib multiple
