This is the perfect finish to wave 1 before it starts it true parobolic trend …typically you see a solid uptrend, a trend break, drop backtest of trend causing an ABC after rejection of trend. As long as you hold 34$ low then bounce we are in a wave 1 headed to wave 3. If we pop here and break 44$ Come back to 37$area then that will start wave 5
Waiting for these senerios both are bullish, but if we dip to 34s from here it means a lot more room to run for MGm
Waiting for these senerios both are bullish, but if we dip to 34s from here it means a lot more room to run for MGm