Ok I have added in the potential impulse wave and the corrective Wave C is still on this chart too.
Price has formed a wedge since holding above the 0.618 Fib at $26 and we have a higher high and higher low now, so a breakout of this wedge and more importantly the 200 Day MA at $28.60 is a possibility, so it makes sense to be prepared here.
A break down of the wedge or a rejection at the 200 Day MA and the Wave C target under $25 is still a possibility.
Dividend payment is 6%
Earnings date : 30th July.
Thomas Brandt
2024-07-10 17:09:06 +0000 UTC