Corrective wave (5-3-5) from the 52wk-high successfully completed near a level of support @ $110
Ideally at open, we see a drop down to the previous level of resistance turned support @ $108 followed by a pop to the upside!
Ideally at open, we see a drop down to the previous level of resistance turned support @ $108 followed by a pop to the upside!
Kommentera:
There may be more downside than I originally estimated, watching for a breakout around $104