MSFT is currently in a first wave leading diagonal and is in its last wave up before a wave 2 correction. Afterwards, expect MSFT to push into new highs.
This is how YETI is looking like it will play out in the next couple of months. Prepare for further downside before going back up.
Yeti is overall in a wave B of an ABC correction. Within this wave B it is doing a wave B down, and within that is about to do a Wave B up.
SPX seems to be nearing the end of a 3rd wave which means we could see a 4th wave correction soon.
MSFT is probably your best bet when it comes to long term profits.
Yeti is nearing the end of the 1st sub wave within wave B.
MSFT seems to be under going a corrective triangle. We are currently in wave C of the overall wave C within the ABCDE pattern.
YETI actually still has one last wave down before the big wave up.
YETI has now started the Wave B upwards which I expect to go to the 0.618 fib as the first target with the 0.786 as the 2nd.
YETI can be seen to have completed 5 wave down for a Wave A. RSI also confirms this as the 5th wave didn't dip below the low that the 3rd wave set, which is very common for 5th waves. It perfectly hit my 27.5 USD target and I am now long.
MSFT has been correcting for the past few weeks. It is currently in wave (y) which is the 3rd and final wave of the correction. As of now, the subwaves within this wave (y) will be counted as ABC. I'm expecting a bounce at 133 where we will see a pullback before pushing down to 130 USD. The next target if MSFT breaks $130 is $128, and afterwards $125, but anything...
I have AMD going to 38.17 as my first target, with 41 usd as my next one. As the price increases it will be best to keep a count on the sub waves and continuously get a new fib count to narrow in the target range, as well as watching the RSI resistance line to see if they match up. After this last (Y) wave up, I believe we will begin wave C of a expanded flat...
YETI seems to have recently completed 5 waves overall and is currently nearing the end of the first wave within a 3 wave correction. Could see a red day on August 9 to complete Wave A, and then green for the following week as YETI undergoes Wave B.
AMD can be seen doing 5 waves down. Currently it is around half way through the 4th wave with the first target being about 30 USD. Shorting the 5th wave would yield solid profits.
AMD weekly chart clearly shows 5 completed waves upwards, using EW with parallel channel. This means that the wave 2 of one larger degree could be an expanded flat, which means that we would currently have just started the wave C of this correction. AMD monthly:
My TA for AMD overall using Elliot Wave. If anyone has alternative thoughts please share in the comments below.
As I've mentioned in my previous post, YETI is currently undergoing a 4th wave which I've expected to be complete by the ER date. This means that on the day of the ER the 5th wave upwards will begin, leading me to believe that it will be a perfect opportunity to long. Now as the 4th wave has continued to developed, I believe that the 4th wave is actually an...
LAST POST: Yeti is currently in the 1st wave of 3, within a corrective wave 4. I believe that this 4th wave will go to a price of 33.75 before we start the impulse 5th wave. My first target for the 5th wave is $39.95, and the 2nd target is $41.75. We could see Yeti crawl down a bit further before beginning the 2nd wave within the 4th wave, this would bring the...