JAZZ stock has edged lower recently. In our primary scenario, we still expect the sell-off to extend into our green Long Target Zone ($130.19–$107.21). Within this range, the ongoing turquoise wave B should reach its final low. Once this correction wraps up, wave C is expected to take over and start a new upward move. The resulting high above $182.99 should also mark the end of the higher-level magenta wave (Y).
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