$AUPH - RC -
Added 2023-09-21 19:58:52 +0000 UTC$AUPH was in an ABC corrective wave from 2020 to the end of 2021, this ended with Wave C ending high, which as we know is met with 5 waves down to the previous low again, this happened perfectly.
So now we start again, so far is it behaving as a possible corrective wave again, or there is a potential for an impulse wave here.
The pull back now will need to find support to qualify as an impulse wave and as always we look for the 0.618 Fib as a potential support line.
Let's see how the price behaves here, a break above the previous high at $12.50 will put this into the Bull Case.
