easy · Elliott Wave Theory

A stock enters an Expanded Flat correction. Wave A declines from $100.00 to $90.00.

Based on standard Fibonacci ratios for this pattern, what is a likely target for Wave B if it is expected to reach 1.236 times the length of Wave A?

  1. $97.64
  2. $102.36
  3. $112.36
  4. $123.60

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