I continue to watch this for confirmation of support and signs of reversing and so far I can see that it is battling to hold support but we need to see more, a bounce and a retest of the 0.618 Fib level at $35.85 is the ideal scenario.
We could even wait until this goes above the 50 or 200 Day MA at $39 and $42 for complete confirmation that this has reversed and we would still be in a strong position to catch the upside to $57 first for Wave 3.
Daniel SI
2023-09-26 16:26:32 +0000 UTC