After completing the 5 wave cycle from Nov 23rd to March 1st. Retracement waves A and B have been completed. It's likely that this will finish the C wave at the .618 Fib $58.81
.618 Fib hit on the 4H timeframe after the Bollinger bands and ADP hit oversold territory
4H Positive Divergences: Hist, RSI, MOM, MFI. Wait for MACD to flip positive with increased buying pressure before placing an order
.618 Fib hit on the 4H timeframe after the Bollinger bands and ADP hit oversold territory
4H Positive Divergences: Hist, RSI, MOM, MFI. Wait for MACD to flip positive with increased buying pressure before placing an order