Dipped below $100 today in the PM and showing a large weakness compared to the other Mega Caps in the PM now too.
$88 on the 0.38 Fib is the level I am watching for support to be held, I do not see a Wave B bounce yet so once support is held, I expect Wave B to come in next, with Wave C likely to send below the 200 Day MA towards the 0.5 Fib at $72.
Daniel
2024-08-05 09:58:07 +0000 UTC