Please take a look at 
UAVS
That was by far the most perfect Elliot Wave I've seen ( Yellow Numbers) - All waves corresponded perfectly to the rules, wave 3 is 1.618 of wave 1 just sooo good. and wave 5 is 0.618 of wave 1+3 such a perfect landing...
Now what we observe is a massive correction, which is counted as Elliot wave ( maybe zig-zag?)
There are levels of retracement 0.618 & 0.768 which are typical landing for corrective wave 2.
If the whole structure is 1 & 2 on the daily chart then wave 3 is expected to land at ~30$
Key Stats:
Revenue Change TTM +828.97%
Gross Margin TTM -189.68%
Price/Sales 179.61
Appeared to be overvalued, but does it matter for Innovative Company in 2021???
Comment below
UAVSThat was by far the most perfect Elliot Wave I've seen ( Yellow Numbers) - All waves corresponded perfectly to the rules, wave 3 is 1.618 of wave 1 just sooo good. and wave 5 is 0.618 of wave 1+3 such a perfect landing...
Now what we observe is a massive correction, which is counted as Elliot wave ( maybe zig-zag?)
There are levels of retracement 0.618 & 0.768 which are typical landing for corrective wave 2.
If the whole structure is 1 & 2 on the daily chart then wave 3 is expected to land at ~30$
Key Stats:
Revenue Change TTM +828.97%
Gross Margin TTM -189.68%
Price/Sales 179.61
Appeared to be overvalued, but does it matter for Innovative Company in 2021???
Comment below
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.