I am seeing a number of members mentioning that they have added here and they have been paying close attention to this chart.
Support was held on the 0.618 Fib for a perfect Wave 2 pull back so far and in this Cup and Handle formation.
If you are looking for an entry, the big test now is flipping the 200 Day MA to support at $190, this is vital now, a flip of this level to support and you have your buy signal, as clear as day.
My Wave 3 target is at $434, so there is enormous upside potential here too but even completing the Cup formation back to the blue line at $376 would be substantial.
I urge you to watch this closely, as will I.
Mark
2024-06-15 04:26:27 +0000 UTCTommyJR
2024-06-14 10:21:57 +0000 UTCZachary Alpirn
2024-06-14 00:01:27 +0000 UTC