Astrology and the Retail Sector
Retail
Welcome to the March 15th issue of the Astrology Letter.
This is a special issue with a focus on consumer retail. I am writing this special issue thanks to a request from a Canadian subscriber.
Using the Periodogram function (cosine mathematics), I have determined that Canadian Tire functions on 88, 101, 118, and 142 bar cycles on the weekly chart. The price chart above has been overlaid with these cycles. Notice that in April 2021, a 118 bar cycle ended. The trend changed at the time as well.
A counter-trend rally in early 2023 tried to reverse the trend, but ultimately failed. Here and now, Canadian Tire has retraced Fibonacci 61.8% of the move from March 2020 to June 2021. The trend still remains bearish here and now.
A Fibonacci 61.8% retracement of the move from 2020 to mid-2021 will put share price in the $127 range. Canadian Tire could be getting close to a bottom.
At current share price, one would be paying a little over $5 to buy $1 of operating cash flow. Analyst targets range from $120 to $195. The average analyst target is $152 per share.
Canadian Tire became a publicly traded company on Jan 2, 1944. The first trade horoscope has two unique geometric patterns embedded in it. Events of Sun, Mars, and Moon passing these key points could be of interest.
As I have suggested many times in my writing, back in the 1940s, the stock exchange authorities knew about astrology. Take a look at the planetary positions in the above horoscope wheel. Notice the green and yellow triangles. Together they form a shape called a “Merkaba”. In the Hebrew faith, this shape is called the “Star of David”. When you see unique shapes and patterns in a first trade horoscope, those shapes are no accident. First trade dates are carefully picked. This was very much the case in the 1940s.
The above chart has been annotated with several astrology events related to Sun, Moon, and Mars passing key points in the natal horoscope. No question about it – astrology is a good tool to navigate the Canadian Tire price chart.
A Fibonacci 61.8% retracement of the entire 2022 to 2021 move will bring the $127 level into focus.
If contemplating buying shares of Canadian Tire, watch for price to potentially bottom at the Fibonacci 61.8% retracement level of $127. Forward looking analyst targets are in the $120-$195 range with a $152 average
And….so….what did happen?, you ask…..
As the following chart shows, in mid-April Canadian Tire stock did hit $127 as I suggested it might. As price was probing the $127 level, Moon was passing the natal Mars point and shortly later the natal Node point.
