Nov. 25 at 2:17 PM
$ABCL
a double hold on the 0.618 Fib level for wave 2 nearly aligning with the 200 Day MA.
This double hold also comes after a straight up extended ABC correction, which took us some time, but in my opinion this is a very healthy situation we are in right now.
I believe bulls could still add in between the 0.5- 0.618 Fib level here before we are going higher for wave 3, which has its target at
$10.
So, a first thing I want to see is a healthy breakout above the 0.5 Fib level at
$3.87, once that happened I think we can say we finally saw the low's... until then we need to see what happens short- termly.