We have not seen this in awhile but its worth of a review, Wave B broke above the previous high of Wave 5 in an intraday rally and I am not sure what caused this but it certainly got a strong spike but reality then kicked in and has dropped from $21 down to $15 since. I believe this continues to be in Wave C and watch for the White Fib levels for support....Wave C aims for the 0.618 Fib as we all know but it could end sooner or later.
Christian Wacker
2023-10-09 16:07:52 +0000 UTCKristof Van Nevel
2023-09-20 10:13:04 +0000 UTC