$W reported today and up +10% in the PM after a surprise profit report.
Revenue fell less than forecast however.
We can see that Subwave 5 is looking very extended now and still may run up as higher as $89, all the way to the 4.618 Fib, I have not seen a Wave 5 go higher than this point.
We would expect to see a corrective wave next, I have provisionally put in an ABC count completing down to the 0.618 Fib but lets see how the corrective wave develops and it may not pull back all the way to this standard Wave C level.