It wasn't clear on the daily chart yesterday that $ABNB had completed its ABC count on Wave 2 but we can see on the 1hr chart that this is more clearer.
It is shallow and short but still valid.
I will need to investigate whether or not $PLTR at least has this but its pull back to the 0.38 Fib only, reaffirms my thoughts that $PLTR still has more to go to pull back.....we can see here with $ABNB that it pulled back exactly to the normal Wave 2 area at the 0.618 Fib.....which is also the trend line support too.
Again, if the market can hold above the 50 Day MA, $ABNB would be a good company to add.
Gareth Neary
2023-09-02 19:32:57 +0000 UTCCraig
2023-09-02 16:54:52 +0000 UTC