NokiMo
The Long Investor
The Long Investor

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$TER - WATCHLIST -

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.

$TER - WATCHLIST -

Comments

Diego, try to look at the Daily chart. Looks more complete when you expose more price action.

G4Golf

Hey Cap, do you see wave C complete? My eyes (not as trained) only see 3 waves down.

DiegoTheSabre17


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