Get started

Wave3

Where Does The Index Go From HereThis is the plan based on the daily data tracking back to 1877 (my projected beginning of the Grand SuperCycle for you EW followers). Looking at a solid market top around the month of April 2022. I have charted the likely ups and downs to it. For now, looking at a near-term top around this Friday at noon which should begin a roughly 13-15 trading day drop of about 221 to 261 points. All other points are estimates for now. I plan to update this path as we move through it. Wave 3 could provide great opportunities. After April 2022 will likely see many rough months, but have no fear as all-time highs will be back....eventually.
SP:SPXLong
by StockSignaler
9
Amyris impulse wave breakout from downward channel ENG/GERENG Currently, the price is in wave 2, ABC correction. The correction phase I suspect to 9.20USD Should the price fall below the 9.20USD would still be a support at 6.10USD to expect. At 9.20USD or 6.10USD I expect the beginning of the impulse wave 3 which could rise between 44.10USD and 65.21USD. My primary target is here at the 62.21USD, from there I expect at the latest with an ABC correction to 26.08 USD. The rise of wave 5 I see up to a maximum of 121.74USD The red lines serve as resistance lines. The green lines are the price targets The orange lines are the support lines of the current correction phase. Alternative scenario: If the price falls through the 6.10USD I expect a rebound on the upper line of the trend channel, here I expect a final support to the upside, if the price also falls below here I expect further downward movement. Amyris Ausbruch durch Impulswelle aus dem Abwärtskanal (ENG / DE) Aktuell befindet der kurs sich in Welle 2, ABC Korrektur. Die Korrektur Phase vermute ich bis 9.20USD Sollte der Kurs unter die 9.20USD fallen wäre noch mit einem Support bei 6.10USD zu rechnen. Bei 9.20USD bzw 6.10USD rechne ich mit dem Beginn der Impuls Welle 3 die ca zwischen 44.10USD und 65.21USD steigen könnte. Mein Primärziel liegt hierbei bei den 62.21USD, ab dort rechne ich spätestens mit einer ABC Korrektur auf bis zu 26.08 USD Den Anstieg von Welle 5 sehe ich bis maximal 121.74USD Die Roten Linien dienen als Widerstands Linien. Die Grünen Linien sind die Preisziele Die Orangen Linien sind die Supportlinien der Aktuellen Korrektur Phase. Alternatives Szenario: Fällt der Kurs durch die 6.10USD rechne ich auf einen Rückfall auf der oberen Linie des Trendkanals, hier rechne ich mit einem letzten Support nach oben, fällt der Kurs auch hier drunter rechne ich mit weiteren Abwärtsbewegungen.
ALong
by Highrisk221
7
Lucid Group LCID Elliot Wave Analysis Weekly ChartWelcome to a continuation of my Lucid Group analysis :) With the help of this analysis I would like to determine the price targets of a wave 3 with the help of the Elliot wave theory. As we can see in the weekly chart of Lucid Group, wave 1 is already formed: 0 = 02.11.2020 / 9.60 USD 1= 18.02.2021 / 64.86 USD. This was followed by wave 2 with an ABC correction: A = 02/18/2021 - 05/13/2021 / 17.29 USD B = 13.05.2021 - 01.07.2021 / 29.81 USD C = 01.07.2021 - 01.09.2021 / 16.11 USD Wave 2 Corrected 87.27% of wave 1 I determine the possible price targets of wave 3 with the following Fibonacci extensions: 100% / 71.37 USD (pink arrow) 161.8% / 105.52 USD (purple arrow) 261.8% / 160.78 USD (White arrow) 423.6% / 250.19 USD (Blue arrow) The height of wave 3 is ultimately dependent on the strength of the bull market. To put it briefly, the more buying power comes up the more impulsive the wave 3 will form, because Elliot waves are based on the behavior of market participants, at least in theory. If you take a look at the current Google Trends, you will see that the world is increasingly searched for Lucid Goup or Lucid Motors, and the search calls rise in parallel to the chart, this confirms my assumption that we are in an Elliot wave 3. After the wave 3 is over, the price goes into a correction phase, the Elliot wave 4. The corresponding correction wave 4 and its various price targets can be seen in the chart idea. The correction levels are drawn in the same color as those of the wave 3 (Click on the split symbol and select "Make mine" to scroll around in the idea) We will discuss wave 5 as soon as wave 3 and 4 are finished ;) Because the size of wave 5, depends on wave 3 and 4. Without these waves ( mainly wave 3 ) a projection would not make sense. Besides the Elliot waves, I am also inspired by another pattern for further rising prices, an ABC-D. Since ABC have formed so far, we have as a starting point the correction C of AB with 88.2%. This results in A-C = 0.882 As a target determination for D we draw a Fibonacci retracement from B to C, and determine the following Fibonacci levels 100% (Double Top) 64.86 USD 127.8% 78.12 USD 144% 86.31 USD 161.8% 94.98 USD At these points, counter-movements can occur, each measured from A or C to D, correcting to the following Fibonacci Levels: 23.6% 38.2% 61.8% 127.8% Taking into account the Elliot waves, I would consider the following Fibonacci levels as maximum correction from D: 61.8% 78.6% 88.6% For a complete analysis description please have a look at the superior Lucid Group analysis ;) You can find it here (click on the image ) If you liked this idea, I would appreciate a click on the Like button ;) If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function. Thanks a lot Disclaimer: Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;) This analysis is for informational purposes only and is scientific in nature. This analysis is not based on any fundamental data! This analysis is not an investment advice and should not be considered as a buy, sell or hold signal. Always do your own research before investing and seek the advice of a qualified person. I am not an investment advisor or similar and do not make any investment recommendation here.
NASDAQ:LCIDLong
by Highrisk221
6