Or not. Either way "No" sign what so ever for a correction!!!
Tip: Insiders Weekly Sell vs Buy Ratio (Open Market Transactions) reached .08 a number not seen for quite long time.
Tip: Insiders Weekly Sell vs Buy Ratio (Open Market Transactions) reached .08 a number not seen for quite long time.
Nota
No Bears showing on these levels = Not correcting for wave 2 = Elliott wave is telling us that we are still in wave 3 & we should have RSI reading above 83 in the
coming weeks to top for a 3ed wave. We stand today at " Ideal Text Book
impulsive 5 wave structure " going up more from here without a reasonable
pullback will open high targets that's just hard to understand right now . This
market is getting harder to analyze with much riskier trading ahead of us.
wish you all the best.
Nota
If you are Bearish, you would love this chart, if you are bullish you will hate this chart either way this is Elliott wave with lost of Alter.
Nota
No catalyst to crash so far : 1/ shake up buy the dip "check volume for that"
2/ Elliott wave 2 is in progress :
Wave 2: Common retracement levels
61.8%-78.6% of wave 1 (golden zone, most common)
May also be 23.6%, 38.2%, or 50%
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.