The recent gyrations between the April – May 2018 time period could be counted as a large triangle, so it would fit well for a possible 4th wave of a larger impulse wave. The “thrust” from the wave [4] lows, also counts well enough as a 5 wave advance, so this stock could be close to a significant reversal, a strong move back under 340.00 is needed to consider wave [5] as a completed structure, although we really want to see an impulsive decline in 5 waves below 340.00 to feel confident of further weakness.

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