$TROW got very close to its Covid Low level in October but has managed to ride the bullish wave since the start of November, the price action has also been able to test above the 200 Day MA here too but still below it at the moment, a flip here and next the yellow trend line at $112 and the price can move higher to our Bull Case line at $134.
I am not seeing signs of an impulse wave right now, but lets see how this structure moves as it climbs.
Bill Haydon
2023-12-15 10:04:09 +0000 UTC