medium · Elliott Wave Theory
A technology stock begins a rally. Wave 1 is 17.00 points long and Wave 2 terminates at a 61.8% retracement level.
If Wave 3 is an 'extended' wave reaching a 2.618 extension, how many points will Wave 3 travel from the end of Wave 2?
- 72.01 points
- 27.51 points
- 17.00 points
- 44.51 points
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