EGLD to bounce off the .5 fib and support?
After a huge volume packed rally, we had a correction on EGLD, volume for the correction is far less than that for the bullish impulse leading me to believe this could be a standard ABC correction.
Whatsmore is that the previous local high is lining up nearly perfectly with the .5 fib mark which is typical for an ABC correction.
Whatsmore is that the previous local high is lining up nearly perfectly with the .5 fib mark which is typical for an ABC correction.
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