Wave 5 extension
1. Stock has recently made All Time High and crossed wave 3 Resistance with strong Momentum.
2. Wave 4 terminated at first Fibonacci support level of 23.6% from the start of Wave 1.
3. Using the Fibonacci Trend-based extension from Wave 2 up-till wave 3, Wave 5 is expected at 0.618% of wave 4 extension at the price level of 100.
2. Wave 4 terminated at first Fibonacci support level of 23.6% from the start of Wave 1.
3. Using the Fibonacci Trend-based extension from Wave 2 up-till wave 3, Wave 5 is expected at 0.618% of wave 4 extension at the price level of 100.
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