Expecting it ends in late 2021. It seems it is safe to invest in NASDAQ:NDAQ for now because we are in the middle of the bubble, but as more and more "investors" from Robinhood is coming at the market as more bubbling we see. And eventually, the bubble will brakes. Together with the recession scenario and low-interest rates this is likely to happen someday in 2021
Looks like wave 1 is an almost perfect wedge (all 3 impulse waves) + ABC correction after and wave C is about to end. R/R = 5:1
So. The average price for this company is 110. It would ok to wait for a correction and buy from 130. I see a brake of some kind of ending diagonal but will wait for a correction to 130.
+ experts and j.p. morgan predict 180-190 price target + technically good entry point with 3:1 r/r ration - technically in the bubble and overvalued - ending diagonal pattern with triple divergence, so we can fall much lower Considering buy with close stops
Looks like a long opportunity. I will not buy it because I need to buy at least 5 stocks and I am out of free cash currently