$TEF - RC -
Added 2023-05-12 17:54:48 +0000 UTCThis is a very slow mover, it has taken a number of years to move down this Wave C in red and through the subwaves, so I suspect it won't be complete until the end of this year. If the bottom came in at $3.14 in October 2022, this meant that Subwave 5 would have been very short and unlike its previous waves....also its bounce since October has not had any meaningful pull backs, which suggest this is not the start of an impulse wave.
If this loses the $3.97 price at the 0.78 Fib, we can expect this to come further down.
