The move from the highs qualifies for an A B C correction were wave A almost equals wave C. Also the 200 day moving average at 56.30 could act as some kind of support. Thank you
Thanks Barry. Yes you know what I'm talking about. I conceptualize A=C as being a fixed amount of uncertainty as to where fair value is, which is a function of the volatility of the stock. I'll get my charts looking as pretty as yours at some point.
Hi John,
The move from the highs qualifies for an A B C correction were wave A almost equals wave C. Also the 200 day moving average at 56.30 could act as some kind of support. Thank you