Panjang
CEMI 1W (B) of (5) in Falling Wedge
- [ ] Wave count is correct in macro structure is on (5) down until mid 2026 at a calculated valuation of $0.0972 and we have travelled almost half of the corrective period of Wave (5).
- [ ] Wave (5) is the longest wave comprised of 2205 days
- [ ] Beginning April 2020 wave (4) was completed
- [ ] Starting April 2020 CEMI began by forming a bear flag with retracement to 0.382 for wave B at $7.5.
- [ ] Wave C had a price target of $0.6722 which was achieved March 22 of 2021 and was the byproduct of a descending triangle.
- [ ] The macro structure of the pattern is a large falling wedge with a terminal point price of $0.29 in Feb2023.
- [ ] We are currently on Wave (B) and have travelled almost half of the corrective period of Wave (5).
- [ ] Monthly MACD has crossed bullish
For the interim wave (B) there are three possible take profit targets.
$2.22 Breakout target
$4.46 0.618 retracement
$10 0.236 retracement
- [ ] Wave (5) is the longest wave comprised of 2205 days
- [ ] Beginning April 2020 wave (4) was completed
- [ ] Starting April 2020 CEMI began by forming a bear flag with retracement to 0.382 for wave B at $7.5.
- [ ] Wave C had a price target of $0.6722 which was achieved March 22 of 2021 and was the byproduct of a descending triangle.
- [ ] The macro structure of the pattern is a large falling wedge with a terminal point price of $0.29 in Feb2023.
- [ ] We are currently on Wave (B) and have travelled almost half of the corrective period of Wave (5).
- [ ] Monthly MACD has crossed bullish
For the interim wave (B) there are three possible take profit targets.
$2.22 Breakout target
$4.46 0.618 retracement
$10 0.236 retracement
Nota
Good gains from $0.28 terminal but sold off $0.45
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.