A follow up on previous ideas:
My thinking is the triangle breaks out soon and that wave B (white) of Y (yellow) at the recent low at 505X is complete and ultimately head towards high $60's.
Alternatively the triangle is traded a little longer with one more visit to the $50 area before breakout.
My thinking is the triangle breaks out soon and that wave B (white) of Y (yellow) at the recent low at 505X is complete and ultimately head towards high $60's.
Alternatively the triangle is traded a little longer with one more visit to the $50 area before breakout.