I believe we're currently in wave 5 of the downward move on Aerodrome. There's a possibility that buyers could step in near the bottom of wave 3, but if that level is broken, we might see a sharp decline. Additionally, we're facing rejection at the top red trend line. If that trend line is broken, it could indicate that the correction is over, and we may begin an upward move.
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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.