All minimum downside targets were reached as wave Y of (B) tagged former low and it is longer than wave W. See related chart about drop.
Almost perfect flat has been built in wave (B).
I think the wave (C) could emerge now.
Buy trigger is above the recent top of $52.20
(C)=(A) target is located at $73.50 - huge gain.
Besides that (C) could tag the former top of $76.88 - extra gain.
Risk/reward is around 1:6.
Almost perfect flat has been built in wave (B).
I think the wave (C) could emerge now.
Buy trigger is above the recent top of $52.20
(C)=(A) target is located at $73.50 - huge gain.
Besides that (C) could tag the former top of $76.88 - extra gain.
Risk/reward is around 1:6.
Trade active
