Very clear impulse ABC in red count, followed by a second corrective wave WXY count in amber. It is vital that this price action now holds this blue line, as I have noted on the chart, a failure to hold this line and it will likely come down to the next support line in blue at $14.52. If it can hold, the Wave Y target in amber is as shown.
Rizwan Alimohamed
2024-07-16 20:50:35 +0000 UTC