Panjang
US - Overstock.com - Jul 2021
- nicely forming pennant pattern.
- first 2 summit in PINK could be the Corrective Phase.
- The last smallest summit in BLUE could be the First Wave.
- Second wave is currently at Fibo line 0.618.
- Since DMI+Stock (Daily & Weekly) is going downwards, high probability price will stay just above the support trendline for a while.
- however, the next movement either breaking trendline or breakout, it will be determine by earning outcome.
- if it stays at support trendline, it indicates that initial stage of wave 3(the strongest wave)
- RED resistance line are for reference to exit and re-entry.
"Market is always right"
- first 2 summit in PINK could be the Corrective Phase.
- The last smallest summit in BLUE could be the First Wave.
- Second wave is currently at Fibo line 0.618.
- Since DMI+Stock (Daily & Weekly) is going downwards, high probability price will stay just above the support trendline for a while.
- however, the next movement either breaking trendline or breakout, it will be determine by earning outcome.
- if it stays at support trendline, it indicates that initial stage of wave 3(the strongest wave)
- RED resistance line are for reference to exit and re-entry.
"Market is always right"
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.