Absolutely. If we take the entire first swing off the bottom on NU instead of just that initial bounce, we now have a clearer picture that shows the price simply retraced back to the primary box top. The TDI initial breakouts were the other clue...when the TDI begins a departure from a given pattern, it's only a matter of time before price catches up with it.
Plus, the bounce level was the 50% fib of the entire move up from the lows.
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