I keep getting drawn back to this because the chart is looking very inviting.
I like the Wave 2 hold and the long consolidation before it broke out, how it hit the Wave 3 target exactly at the 1.618 Fib at $259 and how it has pulled back in 3 waves now for Wave 4.
Wave 4 is also holding the 0.5 Fib with a nice test and bounce.
All indications are where they should be now for Wave 4 to be complete, we need a series of higher highs and higher lows next to confirm that Wave 4 is in and we will start seeing a move up for Wave 5.
This is high on my priority list to add next.
Gareth Neary
2024-03-14 10:05:26 +0000 UTCTommyJR
2024-03-14 09:55:49 +0000 UTC