$ELF - WATCHLIST -
Added 2025-05-12 10:43:56 +0000 UTCI am just bringing this back to your attention again
No changes to the chart of course but I am seeing a lot of interest here, fundamentals look good and the price has held on the 0.78 FIB at $52 and now has bounced to $74 in the PM.
Still below the 200 WMA at $87 too.
We only have one wave in this bounce so far so I will watch for a Wave 2 pull back next and if we get a higher low....then this could be worth watching as a new impulse wave starts and this starts routing higher.
In the short term, a route to the 200 WMA at $87 makes sense.
Comments
Already holding a good position here💪🏼
Korbi
2025-05-12 10:53:44 +0000 UTC
