I first shared this in May at $17 and said there were signals of a reversal but it wasn't until Sept/October that it really started to move and jump +140% from $20 to $48
Momentum was strong and that is why I believe the 1.618 Fib was overshot but as always, it pulls the price back and it is now below this level and moving towards our Wave 4 level at $36.
A hold here over the next few weeks/months and Wave 4 is complete for me before moving higher to $60 for Wave 5.
RandyLahey09
2024-12-27 03:39:03 +0000 UTC