Seasonality July 24th - Aug 3rd: -3.34% return
Elliott wave: Currently in a 5 wave correction, we either completed the wave 5 or we are currently in it. Expecting a rally either tomorrow or Tuesday to complete the B wave.
Structure: We just completed our first structure to the downside which tell's me there is now upside liquidity. If we break above $44.27 there is a good chance we see $46.50.
If we get rejected at $44.27 look for more downside to the $42- $41.30 for support
If we head higher tomorrow look for a gap up above $43.29 for a long position, if we dont gap above $43.29 odds are we are headed lower
Short term: Down trend
Long Term: Uptrend
Elliott wave: Currently in a 5 wave correction, we either completed the wave 5 or we are currently in it. Expecting a rally either tomorrow or Tuesday to complete the B wave.
Structure: We just completed our first structure to the downside which tell's me there is now upside liquidity. If we break above $44.27 there is a good chance we see $46.50.
If we get rejected at $44.27 look for more downside to the $42- $41.30 for support
If we head higher tomorrow look for a gap up above $43.29 for a long position, if we dont gap above $43.29 odds are we are headed lower
Short term: Down trend
Long Term: Uptrend
Dagangan ditutup: sasaran tercapai
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.