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.
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.