what goes down, must come uphi all
The correction that I told in my previous idea is now finished.
wave 1 and 2 are done, so the Fibonacci extension can be made for the calculation for wave 3.4.5 (yellow)
wave3 we can divided again in an Elliot wave (purple)
It can be that the 1.618 Fibonacci is a resistance for wave 3, but most likely it's a support for wave 4.
Hint: The revenues that are coming out in March will play a big role (again)
GREETZ SS
EVGO trade ideas
What goes up, must come down.hi all
we had the Elliot impulse wave(12345), now we need to see a correction wave (ABC).
The Fibonacci retracements are telling me that were are going under 10$ for a buy-zone.
It can stop at 78.6% but mostly it goes all the way to 95%.
It depends on the Bulls/Bears.
After the correction we will see a new impulse wave.
GREETZ SS
$EVGO EVGO FALLING WEDGE REVERSAL PATTERN = BULLISH$EVGO EVGO IS IN A FALLING WEDGE PATTERN RIGHT NOW. LOWER LOWS AND LOWER HIGHS AS WELL AS NARROWING DOWN! ALONG WITH THAT, IT MAY BE A REVERSE HEAD AND SHOULDERS WHICH IS SUPER BULLISH. IF MY CHART PLAYS OUT WITH THE TWO PATTERNS AND WITH GOOD NEWS WITH THE INFRASTRUCTURE BILL, THIS STOCK COULD POSSIBLY BE EASILY 15+ IN THE SHORT TERM. Please comment or react what you think about my prediction. Thank you. I AM BUYING AND HOLDING FOR THE HOPES OF 20+
-I AM NOT A FINANCIAL ADVISER. Do your own due diligence and choose your decision at your risk.