HolleyIG

FND - B wave pivot to head and shoulders

Short
BATS:FND   Floor & Decor Holdings, Inc.
Something a bit different from the 5th wave pivot. This B wave pivot from the bottom range of a rising wedge may result in the formation of the top right shoulder of a head and shoulder pattern. Worth watching for two reasons. The b wave up and the c wave correction.

Raising wedge. Bearish
ABC elliot wave. Bearish
Head & Shoulder. Bearish

B wave target 129
C wave target 88

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