$IHI - RC - MEDICAL DEVICES ETF
Added 2024-04-06 13:00:18 +0000 UTCThis is a requested chart and I do like the look of it.
Particularly the 2 year pull from the Top of the Wave 1 high to exactly on the 0.618 Fib....how many times do we see this happening?....the 0.618 Fib is the Wave 2 king support level, so when we see a hold here, it has our attention.
The price has since bounced and is now above all important moving averages on the weekly chart.
Wave 3 target is at the 1.618 Fib at $103 and not expected to hit until 2026 but as long as this continues moving as expected, it is a good long term hold.
Comments
Thank you! 🙏🏼
Halcyon
2024-04-06 13:43:19 +0000 UTC
