The Long Investor
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$TEM - WATCHLIST -
🕑 Added 2025-05-20 12:28:58 +0000 UTC$TEM had been moving in an impulse wave very well since breaking back above the $44 level in late April
We can see that Wave 5 ran as high as the 3.618 Fib, so this did go extended but has started its pull back already which is always what we want to see.
The Amber Fib levels reflect that Wave 5 is complete and I really like how the 50 and 200 Day MA is right in the sweet spot between the 0.5 - 0.618 Fib range, where we typically see an ABC pull back complete to.
This could be another good opportunity for us shortly if we can add at $54 or below.....+$100 within a few months is then possible.
