Orlikon

EDU – first attempt to fill the gap

Viés de alta
NYSE:EDU   New Oriental Education & Technology Group, Inc. Sponsored
EDU had a fake breakout attempt to fill the big gap above 30.

Shift from down trend to uptrend and motive wave show us that the price could go higher and fill the gap.
Safe way to play this could be to wait for some reaction after a retracement around 20 - POC value –

1st TP half way –
2sd TP before gap is fully filled –
SL just under 0.65% FIB from motive wave
Aviso legal

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