-8% flush down at the opening after a run to the 3.618 Fib is a good indication that Wave 5 could be complete here
I do have a position and I am up +40% here but I won't be selling my position to add lower
I will only add lower when the higher low is held
So I have added the amber fib support levels as shown
I do like how the 0.5 Fib aligns with the blue support line at $9.70 and around our Wave 3 target.
I want to see a 3 wave pull back down to $9.70 and holding and we will add again.
Very straightforward here.
Roberto Cusato
2025-05-19 22:08:05 +0000 UTC