Telecom Basing for eventually breakout to retest All Time Highs Telecom Basing for eventually breakout to retest All Time Highs in 2024Longby Tradingexperts24Published 2
VOX Seems like it could bottom in the high 60s in the next few months. 22% Google, 10% Meta. From a fundamental side, I don't expect it to outperform.by zakkh333Published 0
Elliott Wave Analysis: VOX in a Turning AreaHello Traders, Today we will have a look at the VOX ETF in the 1-hour chart. Near-term the ETF ended the cycle from 06/28/18 low (84.09) in blue wave (1) at the peak of 07/12/18 (88.26). The internals of blue wave (1) unfolded in a 5 waves Elliott Wave impulse with an extended red wave 3, where it ended red wave 1 at the peak of 06/28/18 (85.43) and red wave 2 pullback at the low of 07/02/18 (84.16). Up from that low, red wave 3 ended at 07/10/18 peak (88.04) followed by a pullback in red wave 4 at the low of 07/11/18 (87.11). Up from there, it ended red wave 5 of blue wave (1) at the peak of 07/12/18 (88.26). Below from that peak, VOX is correcting the cycle from 06/28/18 low, where red wave W ended at 07/17/18 low (86.75) and the correction in red wave X ended at 07/17/18 peak (87.79). Below from there, the ETF has reached the equal legs extreme from 07/12/18 peak at 86.31-85.96 areas where we are now expecting a reaction higher. As long as the pivot at 84.09 low in our proprietary distribution system stays intact it should resume the rally. We don’t like selling it as the right side remains to the upside in the sequences of 3-7-11 swings.Longby Elliottwave-ForecastPublished 5
Telecom ETF approaching Supply ZoneThis decision began with a look at the broader market on the Daily time frame. SPX was clearly up (retail levels) so I knew to begin looking for a selling opportunity. I then browsed through the sectors, noting that Telecoms were the largest % gainers (in line with the SPX direction). I looked up and left to find where price began it's last powerful descent, then honed in on the 1hr time frame to map my distal and proximal lines for two separate Supply Zones.Shortby Myles-SlepianPublished 112
Simple S/R Strategy: Trade #6 - VOXLate post but I took this one in my IRA through Vanguard last week. VOX is an ETF for telecom services (commission free since it's a Vanguard Fund!). Longby Myles-SlepianUpdated 3
VOX break away from bearish resistance trend line ... Buy at support and sell at resistance within the bearish channel. Aug 2017 - looks like VOX might start an upward trend as it broke out of the bearish trend line. Take profits along the way and place SL at support level. by work1411Updated 2
VOX - TelecommunicationsPotential double top Confirmation if price goes below 94 Target 87by FibomanPublished 7