In an impulse Wave 5 now and found support on the 50 Day MA and starting to move higher now....watch for a break above the previous high to further confirm the Wave 5 uptrend, above $2.85
There is a very large Gap between $3 and $6.90, the price action does look like a move to the upside here, so it may take its time here, as shown from my green impulse count and the ABC correction or there is a potential for an a aggressive move here too....either way, it is looking good for now for a move to the upside....patience is still needed.
Ian
2023-11-02 21:01:56 +0000 UTC