AndoKhachaturov

Triangle Correction - Expecting Wave D formation

לונג
NASDAQ:SBUX   Starbucks Corporation
1
After completing wave 5 late October of 2015 we begin to correct for the $63 high that was hit. The formation of a symmetric triangle seen in a bull market has a total of 5 waves each of which are subdivided into 3 further waves. It seems as though we should be completing wave C and initiating Wave D very soon. We should have a short downtrending Wave E which would complete the triangle and I expect a rally above out all last year high continuing the over all bull trend.

This is the first time I am posting so I would definitely love any feed back. Thank you and good luck!
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.