AND- looking bullishAND- looking bullish - With Year on Year & QoQ increased Earnings with DOUBLE BOTTOM pattern developing on charts - looking for a bullish trades
AND trade ideas
Myplay on ANDI believe AND is at the beginning of wave 5. The green circle shows where I think it will reach.
This target is where A support and a resistance line crosses (blue lines).
It’s alligned with the top of a channel formed by tracing a line between the bottom of wave 2 and 4 and then tracing a parallel line at the top of wave 3 (the 2 black lines). It’s a channel that can be used to estimate the top of wave 5.
My play on ANDI believe the C wave of a zigzag correction has ended earlier this week and that we’re now at the top of wave 1 of a new motive wave. If so, I plan to go long when it breaks above the top of wave 1 and resistance.
Any ideas, comment are welcome
I’m learning so please, take this with a grain of salt
Learning Elliott Waves (and a little lost with this one)I think waves 1 to 4 are good. Correct me if Im wrong. I’m lost with wave 5 though. My first guess was to end it on July 2 but I’m not so sure now. Any comments are appreciated.
Thank you
