memoreister

memoreister

Elliott wave analysis of BABA stock. The correction is soon to end.

memoreister

A zigzag correction with a running triangle. Y= %61,8 X

memoreister

If this wave counting is correct, apple is about to complete the 4th wave of red c of blue b. So there should be a 5th wave down for the price to bottom. After that the blue c wave should push the price upward.

memoreister

Waves do tell how TLT will move in short term. (Not investment or trade advice!)

memoreister

Suggestion for USDCNH wave analysis. Red (C) of black wave 4 is in action.

memoreister

It looks like the 5 impulse waves have ended and the correction has started.

memoreister

Wave 4 is in action and can reach as far as 135 level.

memoreister

The stock might be in a bigger A-B-C correction now.

memoreister

I guess the black 5- wave is underway which means the price might see the lows of 17 $ or lower again.