We are all rooting for $SE to move higher and so far it is finding support still on the 0.5 Fib almost exactly at $37.50, I don't think anyone will be at ease until this goes above the blue line at $40.56 tho.
I can still only see 3 waves with this bounce so until there is 4 and 5 waves, it is not confirmed to be in an impulse wave yet.
This may need some help from management, as the Moving Averages and next Earnings report are a long way away, so this needs a catalyst of some sort.
Kristof Van Nevel
2023-09-20 09:15:26 +0000 UTC