SamSuka
The Long Investor
The Long Investor

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$HOOD

The ABC pull back between July - August took only 20 days and was a difficult ABC count to view, even on the hourly chart it is not a clear 3 waves movement but the pull back did complete exactly at the 0.618 Fib at $14 and bounced very well

I would not enter a position that does not have a clear ABC pull back like this but it turned out to be enough and the share price has reacted extremely well since the 0.618 Fib was held.

A new high has been made so I have added in the larger impulse wave now, with the Primary Wave 3 at the 1.618 Fib at $41.

$HOOD

Comments

Could the C be the A if we see a pullback from here on

Bercan


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