Correctivewave
Looking for continuation to downsideLooking for some sort of continuation pattern for further downside momentum
Looking for shorts After an initial drive to the downside, I am now looking to get short if I can get some sort of corrective structure before hopefully seeing it move lower.
Wait for a correction before a possible push lowerwaiting to see what kind of price action develops at this major price level
HYPE3: Wait patiently until the correction is over, then pounce!HYPE3 is currently in what looks like Cycle wave B of (IV). We should wait to see how wave C of (IV) unfolds, and then, buy as soon as we have an indication it is over to ride SuperCycle Wave (V). Since Wave (III) is larger than Wave (I), it is possible for Wave (V) to be huge and an extended wave.
HYPE3 atualmente está no que parece ser uma onda cíclica B da (IV). Devemos esperar para ver o desdobramento da onda C da (IV), e, comprar assim que tivermos uma indicação que ela terminou e surfar a onda Supercíclica (V). Como a Onda (III) é maior que a onda (I), é possível que a onda (V) seja enorme e até mesmo extendida.
WKHS - A Boom Now BustWKHS was probably one of the most hyped stocks comparable to GNUS or even NKLA. Every boom has a response sadly. After returning nearly 1000% returns for those who got in early, it appears we're in the midst of a VERY heavy corrective wave that will hurt those who have entered in the past 2 weeks.
Retrace point of invalidation: 21.25
Conservative price target: 12.70
Overall price target: 10.29
