$ASPEN - RC -
Added 2024-06-05 16:02:13 +0000 UTCA very large Cup and Handle has formed here and this has already jumped from $4 to $30 in the last 12 months.
The price has not yet reached the 1.618 Fib at $37 but it is certainly extending right now which is a tell sign that a pull back will be needed next, whether or not it makes it to the 1.618 Fib is unclear but the blue line at $33 may offer some resistance.
An entry at Wave 4 would be attractive here at $24.
Comments
Would you be willing to update this one? Looks like we may be right there. Sitting on .618 at $23...could be ready if we find support.
Trading Chairman
2024-09-09 20:23:04 +0000 UTC
