$RGTI
RGTI remains in a correction phase from the peak of wave (iii), and the move from the peak of wave B still aligns with a still-unfinished decline of wave C.
Leading scenario: The preferred view is that wave (iv) is still incomplete. The decline from the peak of wave B could continue towards the orange support zone between 10,45 $ and 6,17 $, with the 100% C-wave extension around 5,99 $. A move into this area would still fit the structure of the correcting wave (iv) and would not invalidate the count.
Risk scenario: Should the price reverse strongly before reaching the lower support zone and rise back above the recent recovery high, wave (iv) may have completed earlier than expected. On the downside, a sustained break below the 6 $ region would make the correction deeper than ideal and increase the likelihood of a more complex structure.
Key support levels: 10,45 $ / 6,17 $ / 5,99 $ Key resistance levels: 74,43 $ / 136 $ / 248 $ Conclusion: RGTI continues to be viewed as an unfinished (iv) correction wave, with the C-wave decline allowed to extend into the support zone of 10,45 $ to 5,99 $ before a larger (v) wave attempt becomes relevant.
