I like the set up here so far
We have a 3 Wave ABC pull back for a double bottom on the 0.618 Fib at $66 and has now bounced back up to the 0.5 Fib at $86.
What we want to see next is a subwave 2 pull back to the green fib support levels as shown between $73 - $75 next.
A hold in this range after a 3 wave pull back will be a strong bullish signal that this can go higher again and I can add the new impulse wave.
Initial PT would be the 200 WMA at $110
Fundamentals look good here too.
G4Golf
2025-05-20 05:41:59 +0000 UTCDiegoTheSabre17
2025-05-19 15:36:59 +0000 UTC