Supply area; Looks oversold
Yellow is weekly broken demand area, therefore supply. Top is additionally bein built.
there are some technical resistances, but we got extreme support areas and an "long" term uptrend. the fundamentals are extreme bullish, we got an growth company with solid financials here. Im sure it will outperform the DAX(Germany 30) this year by a lot.
I think it will fall back under the long-term trend
currently at a resistance. If it breaks the resistance I would buy, otherwise if you want to ignore Elliot and want to trade aggressive: sell
Elliot Wave is definitely not perfect but together with the resistance area I think there is a good chance of winning a lot of money or loosing just a bit - decide
Wait until it hits the channel, then a falling price is most likely. Long term analysis even shows harder, that the price will fall. Wait until the perfect moment then short
long term uptrend supports the possible trend turnaround
intraday uptrend can break the 1-week-downtrend. I think the downtrend will continue. Be ready to short if the resistence holds. Todays +1% is huge so we might get a big pushback
Currently at a resistance. If it breaks the resistance we can see an intraday uptrend. Otherwise i would wait if we fall back into the downtrend. Check the resistance!
intraday: downtrend can continue. wait for UO to reach 60 and turn, then open a short position when its still a downtrend. I will comment if i open the position
Current uptrend can continue. Enter long if it breaks the resistance