I see further upside for this stock. Looking into call options.
I'm waiting for a break of the low before entering any call positions.
We call this pattern a regular flat Elliot Correction Wave. I think this looks ready for lift off!
When in doubt look at the respective sectors of your stocks to ascertain the general trend of the market. Trust your patterns!
I told everyone to be patient and wait for a drop the patterns never lie. Had a feeling it was going to form a regular flat Elliot correction wave. Now I look for calls with long expiries.
ADBE seems ready to fly. Could be a contender for an earnings play call option: 03/26/21 482.50 C.
Looking bullish, but the market keeps dumping waiting for signs of recovery on 6J1! before taking any calls on the CRSR. I'll just need to keep my composure and wait it out.
Look at that beautiful Elliot Correction Wave! This correction is known as an irregular flat. One trend line going down and the other going up. Higher bond yield is making the USD more attractive. When the DXY looks bullish the SPX500 seems to look bearish then I verify my hypothesis with the 6J1! chart and look for a bearish outlook for that one also. Basic...
This thing just keeps sinking, waiting for a bullish sign before opening any call positions. Lord help us all.