Grml, I just noticed that my post from 2 weeks ago for this got deleted by mods :/ Pretty much mentioned this level for a hold, which now gave a nice reaction for starters... We'll have to see if it holds. An alterantive count, which would have the low as the finish of wave 4 instead of a wave 2 (from 2 weeks ago): Even more bullish view would see the...
Corrective part in log for better readability: 106$ - 108$ looks like a good level to watch for a hold: Alternative count of the C-Wave, that would allow for another low:
Noteworthy setup for a continuation. For higher timeframes, there's a lot of ways to count this. One way: The last wave doesn't have to play out as an impulse as shown above - could just as well turn into a diag. The same count with a short wave 5 could also be done here: Since the subdivision of the diag looks like 3-wave moves, it could be leading...
Short opportunity between .382 and .5 Sl above the .5 Target 53 for now
Stock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).