$SPT - RC -
Added 2023-07-23 04:12:32 +0000 UTCVery long consolidation here since May 2022.
This this ABCDE count continues, we should see another test of the yellow trend line above at $70, but I can not see the start of an impulse wave yet.
Breaking above $70 will mean the price is into the bull case and we can start showing an impulse wave higher but until then, the consolidation should continue.
Price action will need to stay above the bottom yellow line however, a break down here and the support below is quite low.
Comments
Thanks for the chart. Will wait for the 70 or 40 break to happen before I do anything. Appreciate it.
Adam L
2023-07-23 23:25:25 +0000 UTC
