ElliottWaveCalls

YETI: CORRECTION BEFORE NEW HIGHS

NYSE:YETI   YETI HOLDINGS INC
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Yeti is currently in the 1st wave of 3, within a corrective wave 4. I believe that this 4th wave will go to a price of 33.75 before we start the impulse 5th wave. My first target for the 5th wave is $39.95, and the 2nd target is $41.75. We could see Yeti crawl down a bit further before beginning the 2nd wave within the 4th wave, this would bring the RSI down, and we could see a possible bounce off the RSI support level , then the 2nd wave up, and then the 3rd wave down which would break though the RSI support and go down to the next support level .

RSI SUPPORT:



Just posting for fun, don't take this advice too seriously.
Comment: I believe we could see a flat 4th wave, and 5th wave begins on ER. Or we see correction end very soon and we complete 1st and 2nd sub waves within the 5th wave and begin 3rd wave on ER. Although I think first option is more likely.
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