American Express shares recently managed to further extend green wave C before shifting into a period of sideways movement. However, the stock is expected to resume its climb toward the high of beige wave b in the near term. After that, our primary scenario calls for a sharp pullback, which would bring price down into our blue long Target Zone between $205.35 and $167.99. We anticipate this range will mark the final low of the blue corrective wave (IV). If the stock instead maintains its momentum and decisively breaks through resistance at $397.21, the bullish alternative scenario will be triggered (probability: 38%). In that case, blue wave alt.(IV) would be considered already complete.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊 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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.