Just practicing some TA, looks like its trading very technically suggesting algo trading at play
initial targets are between $12 and $12.60
...with a possible chance of going higher if the extended 5th wave plays.
trade with care, lets see if i'm correct :)
initial targets are between $12 and $12.60
...with a possible chance of going higher if the extended 5th wave plays.
trade with care, lets see if i'm correct :)
Comment:
so i mistook wave A of the corrective wave 4 as a the entire ABC correction, should have known better though as 50% retrace is the most likely on this chart, but wave 5 came in at the bottom and BOOM, i expect a correction around 13-13.5 :)