Looks like a very clean Elliot Wave. That being said, looking for the ABC correction before moving to new highs. I'd expect a bounce at the .5 FIB level as well, but not enough to break wave B. The .618 looks prime for a bull market bounce with aligning FIB level on major all time high support level of $492.
Note
This idea is 100% on track. 492 strong buy orderNote
Also, 632 respected, but with such strong downward movement, 492 still seems more likely within daysDisclaimer
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Disclaimer
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.