The midterm chart seems to be bullish for me. The uptrend is full intact, the stock closed near the last high, the last "2". Perhaps, a long position can be opended, if HAL can rise above the last high. TP could be 47$
You just know Elliott wave-counting? Never heared of 1-2-3 counting? Then please have a look at
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After the exspected Breakout, we saw a retest of the breakout Level, and now there is the MOVE! It`s time to install or adjust your SL for that Long Position. For me, SL= 41$ is a thinkable SL-Level.
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TP reached!
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motleifaul
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Yesterday we couldn't close above the former high and I doubt that we can today. Thus I expect a backtest to your MA 50 at least.