If this wave count is correct, Wave (v) should bring price up to $97.11. Connecting wave (ii) and (iv) and cloning a parallel line (blue) to Wave (iii) we get the termination point for Wave (v) - or if it hits the top of the blue line, that may also be the termination point.
Wave (iv) is still seems to be in progress but I think it's going to be more complex since wave (ii) was simple and deep. The blue cloned line connected to the top of wave (iii) also touches the 100% fib extension of wave (iii) projecting wave (v) and wave 5 termination. It all ends a Nov 24 at 2pm. (Also, $97.10 is a nice support area from Sep/Oct/Nov 2019 weekly chart.) Here's hoping this Elliot Wave stuff works...
Wave (iv) is still seems to be in progress but I think it's going to be more complex since wave (ii) was simple and deep. The blue cloned line connected to the top of wave (iii) also touches the 100% fib extension of wave (iii) projecting wave (v) and wave 5 termination. It all ends a Nov 24 at 2pm. (Also, $97.10 is a nice support area from Sep/Oct/Nov 2019 weekly chart.) Here's hoping this Elliot Wave stuff works...
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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.