When will we find the reversal that starts the 5th wave?
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Powr is forming a falling wedge, may broke out earlier than Fib 0.236?
RSI clearly states undersold
RSI clearly states undersold
The price just fell below Fib 0.5 where it found a bit of a support and a reverse head shoulder pattern formed.
The next support line is just above Fib 0.236, here POWR found resistance as well as support lines in the past.