WULF may have started a counter-trend rally by 66% at its significant low(3.16) last day.So after expanding five overlapping wave structure (in Minor degree) to the downward as the leading diagonal wave (A), following the same degree wave (B) in a three-wave retracement of 78.6% would likely lie ahead, and it might be taking time until mid-June.
Currently,
WULF's rally of Minor degree wave A towards the Fib 0.618 retracement lavel seems to have started as well. The Fib-retracement target >> 6.16The overall wave structure of retracing up in Intermediate degree wave (B) illustrated well on the daily chart above.
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