$GOOS Neutral Wave 4 Correction, Long Primary Wave 5
GOOS is in it’s Cycle Wave III. It just completed Primary Wave 3, which means we have a corrective wave 4 over the next few weeks. This could be a good time to accumulate and there may not be dramatic change in price. You will want to have a nice position for when Primary Wave 5 begins. My ultimate price target is $36 by end of year. Buy zone should be $28 - 28.75
Stop Loss should be $27.25- 27.50.
I will update for the details of corrective wave 4 and also for the beginning of Wave 5.
Good Luck.
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.
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.