Exact Sciences $EXAS has been bullish throughout 2017 until it tagged 63 in November. As we can see on the daily chart, EXAS then started a period of bearish correction.EXAS Daily Chart(click to enlarge)ABC Correction:- So far, the correction looks like an ABC correction, where EXAS is in the C wave down.- A full projection would be towards 42.50, but price is already finding buyers at 45.25, which was a previous support pivot. - There is also a rising trendline support at 45.25 when price came down there during the 1/17 session.- The market bought at these levels during the 1/18 session, and price closed at 48.19.- Let's see what happens around 50. If price is held under 50, get ready for further correction towards the 42.30-42.50 area. - If price does get to the 42.50 area, it will likely meet the 200-day simple moving average (SMA), which should also be a factor of support.