See link below for previous analysis.
The triangle outlook has been invalidated but prices has continued upwards as forecasted but with much reduced momentum compared to wave [iii].
The support trendline is firmly intact but price action has been very choppy from 5370.
It is likely that the stock is forming an ending diagonal for wave [v].
I am always cautious when a stock is trading in its fifth wave so I will be neutral to slightly bullish at this juncture.
The triangle outlook has been invalidated but prices has continued upwards as forecasted but with much reduced momentum compared to wave [iii].
The support trendline is firmly intact but price action has been very choppy from 5370.
It is likely that the stock is forming an ending diagonal for wave [v].
I am always cautious when a stock is trading in its fifth wave so I will be neutral to slightly bullish at this juncture.
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Pubblicazioni correlate
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.