I was a bit wrong on my phases on my last update so here is an improved version. We are still in phase C currently but should exit this phase in a week or two before phase D begins and takes us to ATH. I used fib trendlines to get the base case of 1580. Bear and bull case are ∓100 dollars from that price target. The overall Nasdaq has probably reached a bottom and should recover after shaping a W so this is a good second chance to buy in at cheap before the trend actually reverses.
Feel free to leave any comments.
This is not financial advice.