Price has bounced extremely well on our blue line and blasted through the 50 and 200 Day MA, 50 Day has crossed the 200 Day now too, the slight pull back to between the 0.236 and 0.38 Fib indicates to me that this is a corrective wave bounce, however this has a lot of upside still while it is in this corrective wave.
Usually we would expected a pull back to be a lot deeper in order to be Wave 2, so I can not confirm this to be an impulse wave as long as I continue to see 3 waves here.
Rick
2023-08-09 14:19:49 +0000 UTCerich smith
2023-08-04 20:29:21 +0000 UTCV
2023-08-04 20:26:38 +0000 UTCDipen Patel
2023-08-04 09:23:55 +0000 UTCDrFrank33
2023-07-25 14:09:15 +0000 UTCRicardo Magdaleno
2023-07-08 13:07:08 +0000 UTC