$VSCO
Added 2025-02-07 13:47:09 +0000 UTCStill searching for support after losing the standard 0.38 Fib level for Wave 4 but a test of the 0.5 Fib aligns nicely with the projected earnings release at the end of this month.
So a hold, followed by a positive report and this can reverse next and complete our projected Wave 5 at the 2.618 Fib at $60....Wave 4 support is at $31 so you could be looking at a potential +100% gain for Wave 5.
Comments
If 0.5 fib fails, is that a bad sign for the wave 4, or a good sign for a lower entry?
Nick E
2025-02-07 15:18:15 +0000 UTC
