Not born in 1820 but also going strong!
whiskyverkostung.com/wp-content/uploads/2011/10/johnny-walker-born-1820-still-going-strong.jpg
We don't know if the bulls 🐃 had some of Johnnie Walkers product 🥃 , but they are strong! We expect the stock split to do its trick and propel the market further north. A strong resistance zone lies in the area between $136 and $146. This area poses a good target for wave [iii] in red. After reaching the target, the bulls should take a small break and let the stock breathe for a moment. That should result in the indicated correction followed by a bull's comeback, giving us a good opportunity to jump in. The planned scenario could be influenced by the keynote event, which is slightly pushed back and expected to happen in October 2020. We stay bullish, and should we break the resistance at $146, further upwards movement is to be anticipated.
Feel free to discuss! Cheerio 🥃...and happy trading!
whiskyverkostung.com/wp-content/uploads/2011/10/johnny-walker-born-1820-still-going-strong.jpg
We don't know if the bulls 🐃 had some of Johnnie Walkers product 🥃 , but they are strong! We expect the stock split to do its trick and propel the market further north. A strong resistance zone lies in the area between $136 and $146. This area poses a good target for wave [iii] in red. After reaching the target, the bulls should take a small break and let the stock breathe for a moment. That should result in the indicated correction followed by a bull's comeback, giving us a good opportunity to jump in. The planned scenario could be influenced by the keynote event, which is slightly pushed back and expected to happen in October 2020. We stay bullish, and should we break the resistance at $146, further upwards movement is to be anticipated.
Feel free to discuss! Cheerio 🥃...and happy trading!
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🚀 Spot trends early with momentum, sentiment & price structure
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.