$COST TOP 20
Added 2024-01-15 20:10:16 +0000 UTC$COST pushed higher this week and although the Wave 4 is valid because there are 3 waves visible (circled in white) it was very weak and did not even make it to the 0.236 Fib or the 50 Day MA which was above the 0.38 Fib too.
I still believe there is 10% on the table here to $710 for Wave 5 but above the second target level here now, so this is not somewhere where I would advise chasing.
After Wave 5, we get an ABC pull back, the smarter choice would be to wait until this gives the market a full pull back.
Comments
No probs at all
Gareth Neary
2024-01-15 20:41:34 +0000 UTCAh sorry, I would have missed that Cap! Thanks for pointing that out
Damien O'Sullivan
2024-01-15 20:33:15 +0000 UTCHave a read of the commentary again Damien.....Wave 4 could be complete already, due to the 3 wave pull back in the white circle.
Gareth Neary
2024-01-15 20:27:42 +0000 UTCDebating with myself if I should trim here and buy back when Wave 5 starts 😅🫣
Damien O'Sullivan
2024-01-15 20:22:22 +0000 UTC
