🚨 $BMT UPDATE – Wave (5) Has Entered the Chat! 🚀
“Structure Playing Out Beautifully!” 🎯
As anticipated, $BMT nailed its Wave (4) pullback right into the 0.382 Fib at $0.1153 — and now the Wave (5) impulse is ON. 🔥
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📊 Elliott Wave Breakdown:
✅ Wave (1) & (3) = explosive vertical moves
✅ Wave (4) = perfect pullback to Fib support (textbook bullish setup)
🔁 Wave (5) = underway — upside targets in play!
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🎯 Fibonacci Extension Targets for Wave (5):
🔹 0.618 ➡️ $0.1309 (initial resistance zone)
🔹 1.000 ➡️ $0.1406 (measured move target)
🔹 1.618 ➡️ $0.1562 (full extension — moonshot if momentum builds)
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📌 CRITICAL SUPPORT:
$0.115 – $0.117 must hold to keep the structure intact 🛡️
As long as bulls defend this zone, momentum stays hot.
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🧠 TL;DR:
✅ Wave count is valid
✅ Volume is rising
✅ Break $0.1309 = rocket to $0.14+
Let Wave (5) do the heavy lifting — but manage risk at key resistance.
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Ride the wave, respect the levels, and stay sharp. 🌊📈
$BMT looking technically flawless right now
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