Flat has completed and big volume green candle has kicked off wave 1. Look for a bullish week tomorrow :)
Wave 2 completed at the .618% retracement of wave 1 with a nice bounce off the fib line creating a morning star doji. Expect wave 3 to start next week which is 161.8% extension of wave 1 thus bringing us to a price target of $8.96. Overall the whole C wave can end anywhere from $9.44 to $33.03. GLTA :)
Updated Elliott wave count, still in a wave 4 pullback. Waiting on the C wave of the B wave of our ABC pullback.
For everyone freaking out about the price drop after earnings, it was already pre-determined as you were already in a small B wave of the larger B wave correction, thus the gap down gave us our C wav of B of our Expanded Flat correction. Now we make a 5 wave impulsive move higher to complete our C wave of the Expanded ABC flat. Obviously this count is invalidated...
Volume suggests a wave 3 to $1.78 per daily and weekly chart but it's possible that we do a B wave to .127 then a C wave down after that for an ABC zig zag. Next couple days will decide ;)
Waiting for E wave to finish at 2.7 then should be a rally to the upside afterwards
ABCDE flag/ triangle made up by a series of 3's as per Elliott wave rules. Good luck to all :)
Expect to top out around $13.79-$14 retrace .382 -.618 wave 3/1/5/1 ;) then expect a 5/1/5/1 at around 15-15.30 before a larger pullback
Nakd is still in an ABC correction as of right now with today's ending price possibly being wave 4 of 5 of C of 2. If Nakd closes above .629 on the daily then this count is invalidated and Wave 3 has started with a height of 5.28, possibly higher but just being conservative. As of right now expect a drop to a minimum of .463 for a flat correction for wave C and as...