First time posting my ideas on here. Mainly just thinking out loud. Comments and critiques gladly welcomed.
After recent completion of the handle in the Cup & Handle that formed last month, we will see some short term pullback for 3-5 days to the $32.5 - $34.25 range. This would be wave 4 of the elliott wave and the support range is reinforced by short term ichimoku cloud (not shown in charts) . Wave 5 target of about $39.75 - $41.25 in about a week.
After recent completion of the handle in the Cup & Handle that formed last month, we will see some short term pullback for 3-5 days to the $32.5 - $34.25 range. This would be wave 4 of the elliott wave and the support range is reinforced by short term ichimoku cloud (not shown in charts) . Wave 5 target of about $39.75 - $41.25 in about a week.
Nota
Should be noted that I expect strong resistance around $40 as I mentioned. I believe from there we should see some pull back to around $30-$35 afterwards but I will reinvestigate that as we get closer.Nota
Looks like we're a little ahead of schedule. Lets see if the $32 support holds...if not the next support is ~$27-28Nota
Potential uptrend starting. Will look to reenter upon breaking $35 for the ~$41 target. 15% profit.Nota
$34.80 ... Almost there, keeping an eye out. The we have to break through one hour ichimoku cloud which is at $35.50.
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.