Pulling back for what is likely Subwave 2 of Wave 3, the 0.618 Fib is at $26.58 so this is the level we will be watching for, for support.
Remember pull backs are healthy, we know that the market is waiting for positive news to be dropped from China and if and when it does, the chart is in a good position to capitalise on this to the upside.
WL
2023-07-12 03:20:35 +0000 UTC