blood company, they have a warehouse based here in Utah, only reason I know of the company; as it turns out they did reach an all-time high and drop. Too bad. Wonder what happened? They were doing so well.
The fundamentals are looking great for FI no denying that. However, we have a text book 4th wave triangle you can see on the chart then with a thrust into a 5th wave. We have met the measured target of Wave A of the triangle = Wave 5. It's also interested to note a lot of top insiders have been selling at these prices. Also, not shown is monthly divergence, which...
An analysis to try understand where long term buy / sell / accumulate periods are. Strat takes into consideration halvings since genesis, and assumes a regular monthly income to be utilized for strat.
EW is flagging beautifully just under the major $87 pivot. Made two nice gaps up after a similar flag broke to the upside. Showing great relative strength on a nasty market day as well. Target $95
Bajaj FInance is in a long term flat correction which started from late 2021 & it can continue for few more months. It loks like in Wave C where it can make a 5 wave fall. Minimum target should be 6443 of this pattern but seeing the impulsive wave it shouldn't stop here & we can see straight fall to 5800 levels then later on 5200-5300 levels. This pattern can go...
Nifty may have/ completed wave b of the Flat correction.. it can still go for 22300-400 levels but w=y equals at exact high.. So we can fall 1000 points again in the coming week.. Risk reward look excellent if todays closing is below 22124.
ITC can start a new run after results if holds 435 levels.. Buy in 4440-445 range with 435 stop los short term or 425 medium term with a target of 500 to 530 levels..
Icici bank may start a new journey to new highs if it holds previous low of 975.. Risk reward looks excellent to buy in 980-990 range for 1030 1065 Targets.. Stop loss should be 975
Tesla had a nice rally from 100 to 300 in an impulsive wave up after an ABC corrective wave from the all time high. Since hitting 300 price has moved down in a corrective wave lower. This move is a wave 2 and could go to 180 ( 76.4% of wave a of 2 + 61.8% retracement of wave 1 ) or even to 150 ( equal legs inside wave 2 + 76.4% retracement of wave 2 ). Line in...
Tech mahindra may have started iii of 3rd wave.. If this holds right we may see spike till 1600
Gnfc did a 3 wave decline * held support at daily ichimoku cloud. Now if id doesn't breaks the low of 712 we may see levels as mentioned in blue line atleast highs of 3rd wave which are 815.. Risk reward is more than 1:6.. Enter anywhere in range of 715-728 Stop loss 712 Target 815 to 888
Back in 1968 the two major proponents of the Elliot Wave theory concept where divided as to the wave count of the DJIA. While AJ Frost would consider the 1966 peak as Wave B of an irregular top in a flat correction, Hamilton Bolton was looking at it as the 5th wave of a bullish impulse. One thing is certain, while they disagreed on the count they both agreed...
Sbi may have made a triangle in 4th wave leading to a fall for the 5th..can go till 618-621 zone where we will relook for buying opportunity
Correction Wave (A) of ABC correction in developing ?
wave 5 of wave (1) expanding LDT of wave ((A)) is in developing ?
Hello, Been a while since i Have posted, but it has equally been as long since Bitcoin did anything tremendous. Overall, I think this move up is a part of an internal corrective zigzag structure that could lead to FWB:21K on the daily tf. After that, I would look to potentially FWB:42K area as a potentially higher tf zigzag structure on the Weekly. There...
TTFN Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Good day traders, Is it now time to buy ATOM? I think so, at least a couple of counts suggest so. The correction was almost twice longer by time (90d) then the first wave (53d) and quite furious (68.6%). At the first glance I thought this is going to be a simple zigzag, but it turned out to be a flat ABC with the C wave as ending diagonal, which might just have...