It remains to be seen whether this Wave 1 and Subwave 5 is complete now, there is certainly an argument to be made that it is not complete just yet.
If we look at the chart and count the waves from our Subwave 4 level at $13.70, there is 4 clear waves and what looks to be the start of another wave....this could easily be subwave 5 of Wave 5, meaning, we have one more leg up to go to our Wave 1 level at $23.
As long as the price remains above the 50 Day MA, the trend can still move higher and this is where we have Wave 1 set either way, any break down of the 50 Day MA and we can expect to be in Wave 2.
Christian Wacker
2023-12-06 12:52:31 +0000 UTCGareth Neary
2023-12-06 12:34:01 +0000 UTCChristian Wacker
2023-12-06 12:16:03 +0000 UTCGareth Neary
2023-12-05 02:06:18 +0000 UTCTommyJR
2023-12-05 02:04:09 +0000 UTC