Price continues to hold on the 0.5 Fib at $134 but there was a retest of the 50 Day MA and the 0.38 Fib this week from below and it has rejected so far and the price came down for another retest of the 0.5 Fib
This is not an issue as long as support is held, otherwise a retest of the yellow support line or the 200 Day MA is next.
Either way, once support is found then I believe this can reverse to the upside again and complete Wave 5 above to $190 as shown.
A.S.
2025-01-17 11:51:31 +0000 UTC