After a 5 up and 3 down and other 5 small wave up, we could be approaching the end of minor wave 1 of the 3 or C. Additionally, the chart also shows a HS pattern.
High probability trade with well defined risk.
Going into Earnings on the 19th CMA touched a Weekly & Daily resistance level. I bought October Puts in the office but was called away on a home emergency (kitten in an AC duct, no joke) so just blogging at end of day.
Price retraced just .382 or the move off the Gartley on the weekly time frame. May find a little resistance here at the declining 50wma - but looks like price just broke out of a bull flag. Daily chart up next.