ABCDE correction on wave 2
If my Elliot wave count is correct, then we may be in an abcde triangle pattern.
As we can see on the weekly chart we can see a strong reaction to the golden pocket on December 2. In my opinion, the 2nd wave is in an abcde triangle that is in the processes of forming the E wave and once that occurs we will find about to end soon and then we may be headed towards a 3rd impulse wave.
I'll try to search for E on the daily chart or 4 hour chart by looking for looking for a bullish divergence on the MACD,RSI and William %R as well as some nice volume. If it forms on the golden pocket that will be a nice bonus and it would be strangely appropriate for this stock.
As we can see on the weekly chart we can see a strong reaction to the golden pocket on December 2. In my opinion, the 2nd wave is in an abcde triangle that is in the processes of forming the E wave and once that occurs we will find about to end soon and then we may be headed towards a 3rd impulse wave.
I'll try to search for E on the daily chart or 4 hour chart by looking for looking for a bullish divergence on the MACD,RSI and William %R as well as some nice volume. If it forms on the golden pocket that will be a nice bonus and it would be strangely appropriate for this stock.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.