I don’t write stocks much, but when a friend asked me to, I couldn’t break it.
harmonics occurring in the range of 360 350 andIt was very normal for it to fall due to formations, it was possible to continue its decline up to 304 or 290 levels..
304 has been seen as the first point, there are currently two options;
The first one is that it carries the reaction from 304 to 320s, then falls again and makes a new bottom at 290’s levels..
the second one is 320 with the force it takes 304. good exceeding and continuing until 340s..
In both cases, I interpret it as action can be taken where it needs to react.
On the Elliottwave side, the interpretation is general, I did not go down to the lower waves, trinket periods.
keep your stops short as it is a short term transaction..