Aggiornato
ACB Looking 'up'?
It has been a long time since I was bullish ACB. I think we may be looking at a completed correction, and a leading diagonal for a motive wave 1.
FIB says likely this will end at $13.20 resistance, after which we would be looking for a wave 2 correction down. Lots of time to assess, I would say, but if this plays out, we will soon be buying into wave 3 for a sustained rally.
FIB says likely this will end at $13.20 resistance, after which we would be looking for a wave 2 correction down. Lots of time to assess, I would say, but if this plays out, we will soon be buying into wave 3 for a sustained rally.
Nota
On reflection, I don't like the above count much. That assumed leading diagonal looks like a textbook ABC correction. Looking at the entire correction, I think we may have an extended wave 3 on our hands, and I am considering the shape of the final wave 5, I'm looking at a posibility for wave 5 truncation. Buy target $11.66. Bit of a gamble, but should bounce there, regardless.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.