Just an update on Perion; very clean wave count so far and expecting a decent bounce from here of at least 50%+; still expecting one more major wave down for a final low after the bounce; targets will depend on how high the relief rally goes; take all future price predictions with a grain of salt - its just educated guesswork until the price action starts to fill in the blanks
Note
P.S. Yellow wave 3 might not be done yet; we could just be in wave 4 of three rather than wave 4 of 5; this would mean another low is due before the larger relief rally happens
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.