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Leonardo

LDO Leonardo doing its thangWell, sometimes it helps to realize mistakes by adding some notes. Just quoting one of my fellow followers here in the bubble who got tricked on that 10% bump. But lets look at the chart, we see nothing has changed since the initial plan. Probably will retrace to 1.272-1.618 level before crushing down to 4.236 since we triggered 2.618 on w3 Invalidation remains the same as before Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer
LDO Dont get fooledSpecial Request from one of my fellow followers again: 1) Dont get fooled by a 10% pump 2) Broke the neckline in 2021 3) Just now failed to reclaim it by a drop below and a backtest Price action since the 2021 low fully corrective in a crystal clear 3-3-5 pattern (just confirmed by breaking 8.02) => Retest / Double Bottom 3.97 or lower inevitable Take-Away: 1) If you can draw a flag, it is a flag. 2) If the 2nd bump fails to break the flag, its going lowaaaa Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer
LDO Leonardo: War over?Special request for one of my fellow followers LDO Leonardo Has been in a bloody downtrend for over 20 years (!) Lets look at the chart: We are expecting a big ABC correction where as the C wave possibly could have been completed at the yellow arrow but that would be very much truncated. The recent red (bear) flag most likely is going to resolve to the bottom dictating prices of 4€-6€ One would also argue there is a head n shoulders formation where the neckline just got tested and is heading below confirming lower prices. In order to really finish this big formation at least a double bottom or a new lower low is required meaning the final target will be below 2.60€ Things will start to look better on a break above 10.95€ and r/s flipping the downtrend. whether the break of the trend happens around here or later and lower it will require some time, probably years to finish Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer