Pitchfork looks good with the first two pulses staying within range.
First waves are not Elliott impulses because 4th wave corrects below the top of the 1st wave. Instead it appears to be a leading diagonal for the 1st o 5 waves. Price target o 16 before a retraction to the second wave.
Price Target of 25 by Summer if trend stays inside of the pitchform. Biggest concern is that wave 2 breaks out of the pitchfork, but if it bounces then the rest should be ideal.
Set Stop loss at the bottom of Wave 2.
First waves are not Elliott impulses because 4th wave corrects below the top of the 1st wave. Instead it appears to be a leading diagonal for the 1st o 5 waves. Price target o 16 before a retraction to the second wave.
Price Target of 25 by Summer if trend stays inside of the pitchform. Biggest concern is that wave 2 breaks out of the pitchfork, but if it bounces then the rest should be ideal.
Set Stop loss at the bottom of Wave 2.