DELL Elliot Wave Analysis - Wave 1 Complete
Updated
- 5 wave move up from 12.93 should now be complete. wave 2 target lies around $48 to $50.
- to short in wave A of wave 2, look for entry at the 0.618 retracement of the latest move down
at around $73.
- Target for end of wave A: $64, then $60
- to short in wave A of wave 2, look for entry at the 0.618 retracement of the latest move down
at around $73.
- Target for end of wave A: $64, then $60
Note
0.618 hit. now to watch for a rejectionNote
price blew past eh 0.618 and made a new high. It seems like the green wave 4 and 5 were never finished. Looking at it now, green wave 5 may finally be near its completionNote
This did not work out... Power of AI
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