HST ETF
3 wave correction (ABC) found support near Fib 1.618 of downtrend wave
Price broke above cloud on high volume
However still under the downtrend line (red) drawn from wave point A across the top of the lower wave highs.
If price momentum sustains and breaks above red line, likely see return near Fib 1.00 (0.89) of uptrend wave.
Pullback likely occur near that level to form wave 4 at any of the Fib ratios between 0.236 and 1.00
After which any further breakouts to the upside will likely lead to peak near Fib 1.618 (1.06) of uptrend wave, time cycle likely Jan 2024.
