The correction after the last 3rd wave rally pulled back to half of that move, if there is a bounce here, and there will be if the markets don’t get flooded with blood again today, then the wave 5 target becomes $149 and here I will most likely consider selling half of the position.
Not yet though, for now the important thing is that $212 is holding in pre-markets as a hard support, let’s hope that was the local bottom, or at least the last lower order waiting to be filled.
Today’s rebound in the markets can just as easily be temporary, a lot depends on many factors completely independent from the company itself.
💙👽
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
