YETI - impulse wave

Outcome Predictions
- (pink) price continues with uptrend until after earnings report. stock hits price high for wave again before correction and EMA folding over before 5th wave
- (blue) EMAs fold over now with larger drop to $62
- (purp) correction already over [least like I think]

Patterns
- two nearly identical bull runs
- may have already seen same $12.50 drop twice
- third stair would create 5 wave uptrend
- steady and significant earnings growth for last 3 years

Other Factors
- extremely strong brand
- dominance in general market sustained by dominance in specific markets (eg. fishing), unlike competitors (hydro flask)
- upcoming earnings report

Doubts
- the patterns I mentioned are kinda silly
- no major signals, these are pretty much wild guesses



*** WARNING ***

I am very new to this, don't trust me!