$HCA Probably on the Precipice of a Correction

I believe $HCA is on the very precipice of a a correction of intermediate degree. It counts well enough so as to be considered 3 intermediate degree waves complete, and is diverging on the RSI. If it enters a correction here, I expect it to enter the target range below, but the correction itself may take many forms. I expect the correction to be more flat than sharp, though there will no doubt be sharp moments within it. Once that correction completes, I expect it to eventually continue its rally, but for now, my call is to the box.


[UPDATE]: Since this has behaved more or less as expected, rounding out and rolling over into the orange target box, I will file this under “Successful Calls.” I will need to monitor the price action from here prior to making a new call.


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