Primary Scenario
In our primary scenario, we expect the sell-off to continue in the near term, pushing the price into the blue Long-Term Entry Range ($109.09–$72.81), where we ideally anticipate a low around the $95.73 support. Afterward, the stock should turn higher and eventually break above resistance at $192.67.
Long-Term Outlook
We view the red Target Zone highlighted on the weekly chart ($456.31–$608.45) as the target for the broader corrective upward move. However, there is still a 30% chance that a delayed low from the previous wave could form below the $58.01 support.
In our primary scenario, we expect the sell-off to continue in the near term, pushing the price into the blue Long-Term Entry Range ($109.09–$72.81), where we ideally anticipate a low around the $95.73 support. Afterward, the stock should turn higher and eventually break above resistance at $192.67.
Long-Term Outlook
We view the red Target Zone highlighted on the weekly chart ($456.31–$608.45) as the target for the broader corrective upward move. However, there is still a 30% chance that a delayed low from the previous wave could form below the $58.01 support.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.