Wave 1 could complete at $45.92 today with a correction to $44.35 (50% fib of W1). Wave 3 should take it to $47.96 (1.618 fib of W1) and correction to $46.16 (50% fib of W3). Wave 5 should take it to $50.18 (1.618 fib of W3) which meets the downward channel top that dictated the falls from $53.80 and $52.00
Note
First TP hit at $45.92
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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.