$CVE - RC -
Added 2024-01-13 21:09:28 +0000 UTC$CVE also looks like the other two charts uploaded this evening, pulling back after running well in Wave 3 and consolidating here in a long tightening wedge...which is typically found in Wave 4 too.
The pull back now is also at the 0.38 Fib and needs to hold here.....any failure to hold now and this is into the Bear Case and working its way down the Fib levels next.
A bounce here and the bulls must attempt to break out of the wedge and the targets are above as shown, with the Second Target at $31.50
