After correcting for nearly a year is this stock (and energy along with it) starting to make it's move? According to this count, the wave 2 correction was deep so the wave 4 may be shallow. A decent break above the 120 level may lend a bit more weight to this count. The alternative red count is perhaps even more bullish. Watch this space
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.