The Long Investor
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$UAL - WATCHLIST -
🕑 Added 2025-02-24 12:44:57 +0000 UTC$UAL moving very well in this Wave 4 pull back.
Wave 3 overshot the 1.618 Fib but as we know, this Fib level is the most important Fib level and behaves like a magnet for Wave 3.
We want to see a 3 wave pull back now to the 0.38 Fib at $84 and holding, once there is a hold, we expect Wave 5 next at $149, at the 2.618 Fib
The blue support line and 50 Day MA has been lost so far too, so this should help bring the price action down to $84.
