Some might see this and be troubled by the aggressive pull back since the highs at $18....but I am seeing a structured count. The impulse 5 waves up are valid and the ABC correction, although not easy on the eyes, it is also valid.
Holding the 200 Day MA now too at $8.55.
The important thing now to see is this holding support, ideally here is the perfect place at the 0.618 Fib, alternatively it can come down to the 0.78 Fib at $6.19....any lower than this and it is showing weakness.
Paul Endy
2023-08-26 23:23:33 +0000 UTCPaul Endy
2023-08-21 13:21:12 +0000 UTC