expecting wave (5) will push the share price to all time high
Note
also notewave (3) equals approx 1.618 times the length of wave (1)
wave (4) has retraced within 0.382 - 0.5 range
Note
- wave 3 may reach one of the common fib extension levels, e.g. 1.618 or 2.618- wave 4 should not overlap with wave 1, therefore $5.05(end of wave 1) could be a key support level for bulls
Note
if overlapping do occur, plus divergence between price & indicators, then wave (5) could be an ending diagonal.Note
current trend on the daily chart is up: higher highs & higher lows in price, Guppy EMAs also says bullish'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
