$NU - RC -
Added 2024-08-13 10:40:41 +0000 UTC$NU reports after the close today and there is no changes to our count, I have added in the amber Fib levels but Wave 5 has not changed, this is where we expect a pull back and that is what happened here.
It fell very abruptly down to the 0.38 fib at $9 and found support and then climbed as fast as it descended.
Some people may be optimistic about their report....in spite of missing over the last 2 earnings reports.
I would be cautious here, a bad report and this is into Wave C then with another equally strong move in the down direction.
A positive report and new highs can be expected....I don't expect this new high to go a lot higher then its current ATH
