easy · Elliott Wave Theory
In a bear market, Wave 1 drops from 100 to 80. Wave 2 rallies to 92. Wave 3 then drops from 92 to 40.
If the analyst expects a Wave 4 rally to target the 38.2% retracement of Wave 3, what is the price target?
- $70.40
- $59.86
- $19.86
- $62.00
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