May see a deeper corrective wave of B of 5 before continuing up.
Targeting about $37 as the 1:1 of the ABC of B and good level by vpvr.
Then - Looking for a continuation of the 3-3-3-3-3 pattern for an expanding diagonal.
Looking for at least $46 price target for w5>w3
Targeting about $37 as the 1:1 of the ABC of B and good level by vpvr.
Then - Looking for a continuation of the 3-3-3-3-3 pattern for an expanding diagonal.
Looking for at least $46 price target for w5>w3
Note
This move is still active with a price target of 36.50.See my comment below
Note
Short was closed today for breakeven. Precarious price action on PFE and major indices. Rather just wait for a long entry.
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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.