Stock. The huge consolidation that took place during wave 2 created a very strong support. When it broke out of wave 2, things look good. It looks like it would mount a challenge for the recent top of $350 but a failed 12-month test took the wind out of the sail. Looks like a contracting triangle will complete wave 4 correction. The next test results will be in 6 months.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.