Elliot Wave Impulse Cycle also took on a ascending broadening wedge pattern and if it breaks the wedge support then according to the pattern it should return back to the start of the pattern.
On the weekly the RSI is VERY oversold.
* Not Financial Advice*
On the weekly the RSI is VERY oversold.
* Not Financial Advice*
Note
Support Line Broken!
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Related publications
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.