NLCS - Rising Fibs FanFan Line 1: Trough to 38.2% retracement
Fan Line 2: Trough to 50% retracement
Fan Line 3: Trough to 61.8% retracement
Will expect price trends to reverse of breakthrough.
MPHC - the sleeping princeSideways and level 25% of fib line acting as support.
This fan lines can be used to estimate support levels or potential reversal zone.
Need to break 50% fib retracement line to gain the positive momentum.
QGMD - Elliot Wave TheoryAnother setup of impulsive wave by QGMD.
Had completed wave 1 and 2. Price likely move in impulsive wave-3
Good entry during pullbacks or corrective wave during uptrends - at wave 4.
Riding the trends at wave-3 and TP at wave-5
QSE:QFBQQSE:QFBQ
Most likely, the stock has finished the fourth corrective wave
And the beginning of the road in the formation of the last impulsive wave (it will be interspersed with five sub waves). Probably the fifth wave ends at the position indicated by the chart
