Analyzing SOL's three small waves this week:
Down 1 wave: 217.95-194.05 = 23.9
23.9*0.618 = 14.77
23.9*0.786 = 18.785
Rebound 2 waves:
194.05+14.77 = 208.82
194.05 + 18.78 = 212.83 (the actual high is 212.95, indicating that the rebound is 0.786 of the 1 wave of decline)
Falling 3 waves: 212.95-194.06 = 18.89
18.89*0.618 = 11.674
18.89*0.786 = 14.848
212.95-11.67 = 201.28 (arrived nearby last night)
212.95-14.85 = 198.1 (near the lowest point of the pullback)
So the low of the current 3 waves is around 198.25-197.85.
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