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Feb 18, 2023 7:48 AM

Advance Auto Part - Potential Wolfe Wave 

Advance Auto Parts Inc.NYSE

Description

The daily chart shows a potential Wolfe Wave. It's not active, the upper line has to be broken on daily basis to activate the turquoise target line. Note that even if the pattern will be executed, in advance the share price may retest the level of the 5 or get even lower in the undershoot area. The pattern is long running.
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