(NYSE: PACK) Ranpak Holdings Corp Class ABATS:PACKgogazElliott Wave Analysis Overview The chart indicates the completion of a Bearish Impulse (5 waves down). Direction: Bear Completed Waves: 5 Score: 8.2 (High confidence) Freshness: Yes (8 bars since completion) In Channel: Yes Invalidated: No The system has identified a "solid fresh" downward 5-wave sequence that respected its trend channel. According to Elliott Wave theory, a completed 5-wave impulse often marks the end of the current trend and signals an impending counter-trend reversal or significant correction. Trade Signal Details Because the bearish impulse is complete, the indicator has generated a "fade" signal (mean-reversion), expecting a bounce upward. Last Signal: LONG completion / open Entry Price: 2.97 Stop Loss: 2.84 Target Price: 5.96 Chart Annotations Wave Labels: The price action displays a clear downward sequence labeled 1 through 5 in red, bottoming out near the 2.90 level. Signal Boxes: The Red Box highlights the specific "Impulse bear W5" completion with a score of 8.2. The Teal Box at the bottom marks the "LONG WAVE-END" at 2.9 and confirms the long entry (2.97), stop (2.84), and target (5.96). Forecast Zones (FCST): The orange boxes (FCST A, FCST B, FCST C) project potential resistance areas for the anticipated upward correction. Summary Text: The bottom annotation reads: "solid fresh bearish impulse (5 waves complete), in-channel, count valid. last LONG completion at 2.97 (open)." Current Status The current price is 3.31. The open long position triggered at 2.97 is currently in profit. The price has bounced off the lows and is currently trading within the lower boundaries of the FCST A/B zones. The trade setup remains valid as long as the price holds above the stop loss at 2.84. Not financial Advice