Bit of a lacklustre performance post ER but still moving in the right direction.
The bounce so far since $142 is not filling me with confidence that it is a new impulse wave as waves are overlapping each other...it is telling me that doubt is still present...and that would align with weak economic data reported this week and the tariff dilemma still at the back of everyone's mind.
However, there is still no changes to our chart, the bounce although it can be corrective can still move higher, so I will continue holding and will wait for a test of the 50 WMA at $174 before touching my position.
I would not be adding here however.
Willy G
2025-05-04 22:59:47 +0000 UTC