INTU seem to have completed complex ABC correction,.
Its last corrective leg had XYZ correction (provided we see break out from current segment)
It seem to be heading towards ~700 in coming weeks/months
Can the pattern change ?
Yes we may have a Z wave hitting channel bottom, or one more larger ABC may play out for next few months (this is low probability)
If any one needs larger time frame wave structure do comment so that I can share the road map that I see with INTU.,
Its last corrective leg had XYZ correction (provided we see break out from current segment)
It seem to be heading towards ~700 in coming weeks/months
Can the pattern change ?
Yes we may have a Z wave hitting channel bottom, or one more larger ABC may play out for next few months (this is low probability)
If any one needs larger time frame wave structure do comment so that I can share the road map that I see with INTU.,
Dagangan aktif
Price broke the channel which is first confirmation of view.We need price to close above the earlier high (X wave), to get second confirmation of the view
Dagangan ditutup: sasaran tercapai
Happy to see my view worked, now a correction will follow which "may" take INTU price to ~650, before next impulse move begins
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.