shallow corrections and wave 3 being (normal/not extended) less than 1.68% extension of wave 1, can be a positive sign that wave 5 will extend. Will be watch price if it falls to the 40 area for a reversal entry/ long trade...
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updated count. Price getting vertical which indicates we are still under the influence of wave 3. This is now label wave 3 of 3 and wave 3 after all will be the extended wave. first target/resistance is $90....
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potential support
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all positions in profit now. not the best performer so cash out 50% .