Just one scenario of elliot waves, of course you would have to update the wave set as more price info comes along. bullish long term on this even with the corrections. I'd wait for 5 wave to finish for a heavy entry.
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looks like red 5 and blue 3 wave correct, got to about 343 then corrected. abc type correction i believe, nice entry here or could go down further but risk to reward this is good spot to buy in a bit.
blue 4 i drew looks to high lol i hastily drew it. Gonna have to draw new chart with new estimates if we break outta this wedge.