Technicals: Currently trading at 32.30 in premarket, up 1.57%
After price established an anchor-point at its 100 MA (green arrow) for this Elliot wave, each impulse has been testing the following: 1. All-time highs at (1), which were subsequently broken, for a bear-run 2. 200 MA at (2) and (4) 3. Reversal at neck-line on (3), corresponding to a pivot off price at its 20 MA
Observations: Overhead resistance at the 100 MA (~32.75) MACD hasn't pinched yet