XAU-USD is likely forming its corrective wave ABC after its 5 impulse wave trends up as shown in the chart. For reference only.
After broke out from cup and handle pattern, the prices have pulled back to the neck line. This offers an opportunity for long positions.
The stock has likely done its wave IV correction with expanding flat pattern, and likely moving to wave V.
The stock has broken out from Cup & Handle neck line.
The stock has likely done its complex correction wave WXYXZ, and like in the position of bullish reversal.
Based on Elliott wave analysis, the stock price has done its wave 4 correction. The recent price actions are the pull back of lower degree wave (ii) of its reversal trend of higher degree wave 5. It is predicted the uptrend movement will resume soon in near future. Happy trading.
TopGlove - based on Elliott wave analysis, should have completed its wave ABC correction. Prices are corrected from high of 9.765 to low of 4.65 (about 61.8% FIBO correction). If further zoomed into the smaller timeframes of its recent price movements, prices have formed possible leading diagonal pattern, which indicates potential of reversal trend. A possible...
MRNA, is currently undergoing correction phase. To be specific, the prices are forming counterwaves ABC of smaller degree (red labelling of ABC) as part of higher degree of Wave B (black labelling) formation. It is predicted the higher degree of Wave B will end at around USD163 before making bigger downtrend movement of Wave C. The target for Wave C is to hit...
Based on IBM chart, the stock should have done its wave WXY correction. Prices in wave Y phase are consolidated within the expanding diagonal (A)(B)(C)(D)(E) pattern though there is spike of price earlier with false breakout. But prices are later further corrected to about 61.8% FIBO level. Further breakout from the diagonal pattern will trigger buy signal and...
Google stock still remains bullish. Refer to the attached chart, current price movements are likely consolidated within the yellow box zone as it is currently going through smaller degree wave (4) correction phase. Upon completion of wave (4) consolidation, the next price target is likely to hit minimal at ballpark value USD2424. Buying on dip is perhaps one...
DXCM based on Elliott wave count is currently in wave 4 consolidation. It is predicted the stock will move within the sideway range of USD298 and USD456. For Options trader, Iron Condor strategy perhaps is one good strategy to consider for the trading opportunity. Happy trading!
DPZ after strong uptrend, the recent pricing is undergoing the bearish correction. The prices are currently going through ABC correction and eventually target to hit at ballpark of USD167.87 (61.8% FIBO) to complete its correction. A stock to look for short opportunities when rebound. Happy trading.
CRSP price should have completed its wave 4 correction with zig-zag ABC correction pattern, and the prices are corrected to around 61.8% FIBO level of entire wave 3 length correction. Price is currently moving towards wave 5, and the ballpark target for wave 5 is USD258. Happy trading!
COUP has almost done its smaller degree wave (A)(B)(C) flat pattern correction, and the rebound is expected to happen soon. However it is predicted COUP will be subjected to complex correction to eventually target minimal to approximately USD158 or worst to USD98 ballpark values before correction end. Therefore, a complex correction is predicted. The completion...
CMG based on wave analysis, is in wave 4 consolidation phase. The stock prices are predicted to be consolidated in sideway approximately between USD1125 ~ USD1565 regions. Happy trading.
Based on Elliott wave analysis, BBY is on its final uptrend wave (5) of wave 5 of its current uptrend cycle. Projected target to hit end of wave 5 is at ballpark value of USD148.7 before starts its ABC correction. But do expect another 5 waves uptrend cycle after ABC correction. Happy trading!
XPEV should have done its complex WXY correction with price corrected to 78.6% FIBO level, further breakout from blue downtrend line confirms reversal trend. Stay bullish on this stock.
US crude oil is predicted to move to minimal target of ballpark value USD77.6 if based on 1:1 ratio of wave 1-2 to wave 3. This target is also approximately coincide with one of the previous resistance pivot point.