We are all very happy to see the decline here after waiting for this Wave 5 to complete post earnings.
Price has pulled back to the 50 Day MA after rejecting at the 2 Fib at $79.
We need to see the 50 Day MA lost next at $77 to see a drop to the 0.38 Fib at $72
Some may feel like playing the Wave B bounce at this stage before getting out to get back in at the Buy Zone under $70
Either way, I will be adding in the Buy Zone.