The chart assumes a LT upward Elliot Wave trend, beginning at ER 1 to the present. I expect the corrective wave following impulse wave 5 to retrace p back to around the .61 retracement, but under the .786. Or does wave 4 actually end at the gap down, with impulse wave 5 just above the .5 retracement? This would bring p currently to the midst of wave b of a...
Red Flag refers to gap up, could this be a bull trap? im looking for it to correct around the .618 and .78, resistance at the 1 OTHER CONSIDERATIONS: IMPLIED VOLATILITY/EARNINGS SEASONAL -- Also, keep in mind some believe that clothing retailers stock price can be influenced by temperature/heat (see: Kohls, Sears, etc) -- with the end of summer around the...
The bullish case for Regn
Do you think the jig is up with the solar city deal?
Wave 1- ~270-312 Wave 2- 311-289 Wave 3- 293- 360 Wave 4 (perpendicular to first wave)- 359- 327 Wave 5- 318-333
I'm in around 402 (thanks to greed). Also, expecting it to dip below .78E (retest of new support/old resistance) before returning to a bullish position..Look for a continued 3 wave?
Trends seem to all lead to going long schwabb until at least 30. let me know your thoughts!
The uptrend for regn looks strong at the moment with the rsi above the 0 line but do be careful in the weeks leading up to earnings release. personally, i am long atm but that may change if I can buy it back at a lower price.
im not going to add more oil companies because this is based on my personal stock picks atm. Just take a look at that price action
With futures looking south, CRC could fall to 12 range
Look for a worst case of CMG to trade at ~ 360 this summer, with a best case range around 420
REGN could head north of 400 post earnings, time to get in is between now @ 358.50 and a low of around 320
Gale looks to be steadily recovering following their downturn last week. look for it to enter the .236 retracement by next week at the latest should this trend continue.
Is it too late to buy in to MGT? perhaps not..
Try and aim for the drawn in triangle area. let me know how this works for you.
according to FIB. What do you think?