Certainly some weakness shown here in this Wave 4 and this is why the price action needed to test the lower Wave 4 support level on the 0.618 Fib.
The 0.618 Fib so far has held and looks set to finish the week about this level too.
This support level also helps Wave 4 from infringing upon the Top of Wave 1 too at $205.
Wave 5 target remains the next target right now but support needs to hold above $211.
A P
2025-02-28 21:20:11 +0000 UTC