$OPEN - RC -
Added 2024-01-08 11:23:04 +0000 UTCContinues to move very well and not giving me a reason to be concerned here, the pull back was needed and expected and also moving controlled too.
The moving averages are all where they should be too.
We can see that the 50 Day MA has crossed the 200 Day MA which is a bullish indication and both are in between the 0.5 Fib and 0.618 Fib at $3.
This would be considered a strong confluence level too.
A hold at this level and it can move higher again to continue up Wave 3.
Bulls will want to see a new high made above Wave 1 at $5.44 then.
