Phillips has been performing very well since its Covid Low and has been able to escape the market pull back of 2021 - 2023.
I believe this is moving in its final Wave 5 count and should continue to move to our Wave 5 target at $156 for the remaining part of the year.
This has been quite steady so if you have a position here, I would not be rushing into selling anytime soon, wait for a pull back to be confirmed before taking profit, otherwise, sticking with this as it continues to move higher is the sensible approach.