$OPEN - RC -
Added 2023-08-19 19:43:42 +0000 UTCI have been asked for an update on this but there is nothing to update here as it is following our count.
It is now testing our blue line where we had Wave 2 set.
I do believe that Wave 1 is complete and this is looking for support.....this is in a difficult industry and in a difficult market right now, so a hold for Wave 2 would be quite bullish.
If the blue line is not held, the standard Wave 2 position is on the 0.618 Fib at $2.60 and we can see that the 200 Day MA is just below too and moving up to meet the Fib levels.....this would be the last support for me or this structure breaks down.
