$ONDO is currently in the start of a massive rally obeying the Elliot wave. From the lows made on the 07th of April we have peaked in wave 1, seen a retrace in a wave 2, a rally in wave 3.
A pullback in a wave 4 followed and we are now in the final phase of the rally in wave 5.
Targets for the wave 5 lie on the fib level 0.618 at $0.9835. In the coming hours we need to break $0.9267 which is a significant high. On breaking that then expect $0.9835 and $1.0 as the next targets.
