WULF pullback on the cards!

483
Price is struggling at the trend-line boundary on bearish divergence suggesting wave III is complete and wave IV is soon underway.

Due to the size of the rally wave IV could be deep. The usual 0.382 target is down at $8 where it would meet the daily 200EMA.

Daily RSI has printed bearish divergence in overbought.

breaking out above the trend-line could be extremely bullish.

Penafian

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