FiboSnail
$HOLO The final chapter of the decline? 👀
My Elliott Wave count continues to suggest that HOLO is approaching the terminal stages of a multi-year bearish structure.
Whether the larger decline is an impulsive five-wave move or a complex WXY correction, both scenarios leave room for a significant countertrend rally once completed.
The descending channel and final Wave 5 projection suggest one more potential low before a reversal.
The bottom isn't confirmed — but the structure is getting mature.
Watching for exhaustion and a breakout from the descending channel.
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