May. 12 at 3:16 PM
$ABCL post double-beat -14% looks harsh on the surface, but structurally this fits the expected wave rotation.
After an extended wave 3 move, price is now transitioning into wave 4 consolidation — so this type of pullback is more corrective than breakdown.
Key zone being watched:
$4.14–
$4.43 as the potential wave 4 retracement area before a possible wave 5 continuation.
If that zone holds and buyers step back in, the broader upside structure toward
$6 remains intact.
Right now it’s less about the headline reaction and more about where the correction stabilizes.
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