Skechers (SKX). Finishing sideways correction. Could drop again
The price could have topped here within a large sideways correction wave X (yellow).
The wave C (white) is already larger than the wave A.
The target is highlighted with the white rectangle.
Previous low at the 18.81 could be aimed first.
The 78.6 Fibonacci retracement level (13.15) could be the optimistic goal.
The wave C (white) is already larger than the wave A.
The target is highlighted with the white rectangle.
Previous low at the 18.81 could be aimed first.
The 78.6 Fibonacci retracement level (13.15) could be the optimistic goal.
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