stock is moving in side-ways making triple correction during the process.
current structure:wxyxz triple correction.
current leg:C leg of third correction z
longs can be initiated above 1970,with a stop-loss of 1910 on the downside on 2 hr candle closing, with a target of 2100.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
current structure:wxyxz triple correction.
current leg:C leg of third correction z
longs can be initiated above 1970,with a stop-loss of 1910 on the downside on 2 hr candle closing, with a target of 2100.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
Trade active
Trade closed: target reached