Will Alibaba investors finally be compansated? Looks like NYSE:BABA is ready to break out of a huge falling wedge that goes back in OCT 2020 when the stock started its decline.
The pattern in NASDAQ:TSLA stock fits well in an ABCDE to the upside foramation!
BTC to 9 mil USD by 2026? could happen if long term pattern proves itslelf
NASDAQ:TSLA stock pattern looks similar to the 2013-19. History doesn’t repeat but it rhymes.
$TSLA price action is picking up steam. After bottoming at around $100, could price quickly reverse and reclaim its long term channel? Remains to be seen.
Nasdaq is getting squeezed nearby its long term resistance line, on a falling wedge formation. Will the tech heavyweight index make it and break out to the upside? Time will tell the coming weeks.
#META has found support on its long term 38.2% Fib level ($158.50). Stochastic has also reseted on the monthly timeframe. Thus, #META was never so oversold as it is today. Could we turn the page and move higher from here in a new impulsive structure? We remain flexible and keep an open mind on the idea!
The move to the downside seems to be completed in 3 WAVES (ABC) structure. If this is the case and we continue moving the upside, with the current low in place, we are in Wave ElliottWave 3 with a powerful move to the upside to start playing out!
$BABA is breaking out of its huge falling wedge. Is it ready for a bullish turnaround? Let's see!
$PLTR, in line with all high growth tech stocks, have experienced huge drawdowns. Have we reached the bottom? I don't think so, as we miss a 5th Wave to the downside to finish off the correction.
A last 5h Wave to finish off the correction for $BTC!
This is my Elliott Wave count for S&P500 since the bottoms of the Great Depression. We probably have a few more years for this huge bull market to run but a centuries long top could be only a few years away.