What I like about this chart is that it has followed a very strict impulse wave up to $10 and a textbook corrective ABC wave down. It is very much consolidating sideways at the moment and I suspect this will continue for the foreseeable, it is within a very tight range here too, as long as it stays within the range, it can build strength and start moving up and into its next impulse wave....for the meantime, there is no clear direction up or down right now.
Mk Yee
2023-08-02 13:09:42 +0000 UTC