All the EW counts I've seen on Fiber takes the final leg down a five wave. This was also what I thought for a while, until now. On the other hand, double zigzag
fits much better than a five wave. If this is the case, the current daily uptrend might be an X which would indicate much selling in the following months. Another possibility is that the downward movement is over and we are experiencing the A of the A-B basement of a new, supposedly a decade-long uptrend.