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Tomotto

Possible 5th wave + Head and Shoulders Pattern

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NASDAQ:CDEV   None
Support and Resistance Elliott Wave
8
3
supportandresistance elliottwaves
NASDAQ:CDEV may have just finished the 3rd wave and the 5th is coming. With the correction wave that should have the pattern of the Head and Shoulder.
As it is standing above the Ichimoku Cloud and the futur Cloud is green the trend is still good.

Possible Risk/Reward: 7.22 (0. 88% Risk)

Tell me if you have any suggestions! Thanks and happy wave!
Komen:
Graph Correction: Conversion Line and not Convention Line
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