A pattern emerged at the 200SMA daily chart (see in the comments). A signal is a break of the neckline with high volume. MPO is just below the $190 level.
Elliott wave analysis suggests that once we finish the pattern, we turn back to continue the wave (3) down.
Good Luck!
Elliott wave analysis suggests that once we finish the pattern, we turn back to continue the wave (3) down.
Good Luck!
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Above is the daily chart with Elliott wave analysis
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MPO target hit!