Above the 50 and 200 Day MA right now so the trend is still to the upside and has broken above its previous high. The pull back was to the 0.5 Fib so it can still be valid as a Wave 2 pull back but bulls will want to see this above the blue line to confirm the impulse wave....for now, it looks like both counts are following the same direction until the blue line at least, next test will be getting above the yellow line at $2.
Gareth Neary
2023-07-23 04:14:18 +0000 UTCScott Glover
2023-07-23 04:12:33 +0000 UTC