based on elliot waves, I can see a rejection of the 182.5-180 range, to retest the previous level of .236 fib level, and possible form a handle. However, the handle formation could be deeper and could go as low as the .50 fib level
Comment:
Comment:
observing this cup and handle pattern, lets see if we can take out premarket highs
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Comment:
the 1hr time frame is showing an ascending triangle to 178.10