After a 275% increase during 2023, 
DUOL is now in a corrective move down on the Weekly, in the form of an ABC.
The most likely scenario (70% of the time) is that this will lead to another strong or weak move up from the Weekly Demand Zone, possibly a continuation of the uptrend that started in 2023.
If the price closes below the Weekly Demand Zone, the scenario is no longer valid and the situation must be reassessed.
Thinking in probabilities:
A strong move up is followed in most cases by a weak move down and another strong or weak move up.
DUOL is now in a corrective move down on the Weekly, in the form of an ABC.The most likely scenario (70% of the time) is that this will lead to another strong or weak move up from the Weekly Demand Zone, possibly a continuation of the uptrend that started in 2023.
If the price closes below the Weekly Demand Zone, the scenario is no longer valid and the situation must be reassessed.
Thinking in probabilities:
A strong move up is followed in most cases by a weak move down and another strong or weak move up.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.