The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-05-21 13:48:12 +0000 UTCI am leaning on the side of this still being in Subwave 4 after this flush down at the open and a test of the 0.5 Fib at $15.40 and still staying in the bullish channel.
Structure has not changed and there is no infringement upon the top of Wave 1 either, no news either apart from a hit to the health sector due to $UNH pulling back is all I see.
A hold above $15.42 will be good today and a bullish move will be recapturing the 0.38 Fib again at $16.10.
I am still seeing a corrective pull back, meaning a 3 wave pull back, so count remains solid.
Comments
Adam R
So now what?
Mark H
Hard to tell whatever happens next really as 0.5 fib of subwave 3 and .382 fib of wave 1-4 are both at the same place
Mark H
Cap, if this pulls back to 0.5 fib or below of wave 1 bottom to wave 4 top on your chart, would you consider that we may have completed a full impulse wave and are now in an ABC correction rather than subwave 4?
