As a student of Elliott wave theory, to me this stock has either completed an ABC zigzag correction or has just finished wave 4 in a 5 wave impulse move down. I will be watching to see which it is and trade accordingly.
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.
