$ORLY - RC -
Added 2023-05-31 08:57:51 +0000 UTCIt is possible that as long as the price action stays within the yellow channel, it could still be in Wave 3 but for now and using Fib extensions, the sensible count would be to have Wave 3 finish at the 1.618 Fib, which would be the standard spot for Wave 3 to finish and I have Wave 5 topping out at around $1000.
A break down of the channel means it is into the bear case and corrective ABC count next.
