Wave 3 hit the 1.618 Fib target perfectly and has since pulled back
The ideal scenario here is a 3 wave pull back to at least the 0.38 Fib to offer more value before moving higher to the Wave 5 target at the 2.618 Fib level at $170
However, watch for support at the 0.236 Fib, where the 200 Day MA is at now, this could be enough for a Wave 4 pull back to complete at.
ok
2025-01-16 19:30:31 +0000 UTC