Another stock I believe is in Wave 2 now, I am monitoring this pull back and watching for it to hold on the blue line which just happens to be the 0.618 Fib line too.
This company is the market leader in the beauty and cosmetics market and substantially down right now. EPS next year is expected to be 56%
A hold at the blue line and a break above the 50 Day MA and it holds, then this the reversal confirmation we need.