$TDOC
Added 2023-05-12 19:47:09 +0000 UTCInteresting development with $TDOC. Usually when we look for a pull back for Wave B, its pull back is shallow, for $TDOC so far, it has been a steep pull back, more like a Wave 2 pull back and even more interesting is that, if we use the Fib based extension, which is what I use to find the Wave 3 target price, which is normally set at the 1.618 Fib, it exactly hits the top blue line, which was the previous high......this is very coincidental.
So I have now added in the Green Impulse Wave and have the Amber corrective wave.
Today, the price pulled back exactly to the 0.88 Fib at $23.97.....not even a cent out, the exact price and bounced.
We can see from the $OXY chart too that this Fib level acted as a support level too and bounced.
So I will be watching this closely, the main thing is that $TDOC stays within the blue line range, I suspect that this will be no problem
