RGTI Speculative Rebound Expected Before Final Wave Down
Technical Analysis of RGTI (30-Minute Timeframe)
The stock is currently moving within a clear impulsive wave structure on the 30-minute timeframe. Based on my observations, it appears to be at the end of wave 3. I anticipate a speculative rebound in the short term, with a target around $8. However, a decline in wave 5 may follow to complete the overall impulsive movement.
⚠️ This analysis is merely a forecast based on technical observations. It does not constitute investment advice or a recommendation to buy or sell this stock.
The stock is currently moving within a clear impulsive wave structure on the 30-minute timeframe. Based on my observations, it appears to be at the end of wave 3. I anticipate a speculative rebound in the short term, with a target around $8. However, a decline in wave 5 may follow to complete the overall impulsive movement.
⚠️ This analysis is merely a forecast based on technical observations. It does not constitute investment advice or a recommendation to buy or sell this stock.
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