- To begin with, we can see that the stock is moving in an overall uptrend
- It has completed a textbook Impulse Wave (12345) count, and has been consolidating in a structure
- Within the triangle, we can count Triangle Waves (ABCDE), with the final wave having completed
- The ( ) has been flushed out from overbought levels
- The Oscillator shows a golden cross, with potential for a breakout to take place very soon
- Prices have bounced on the 100 ( ), and is trading above the 20 as well
- Based on the , prices are trading above the 0.382 support.
- If we can see a breakout and close above the 0.786 fib resistance at $130, we could potentially create a new all time high level
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