5 Impulse waves could be complete now, it may extend a little further but the 200 Day MA acted as resistance level into the close at $1.93, we will see if it can go higher but I would not be surprised to see its corrective abc wave count next, this is healthy of course and a pull back to the Wave 2 zone as always between the 0.38 Fib and the 0.65 Fib is what we are looking for here next.
TommyJR
2023-06-13 00:05:10 +0000 UTC