Long
Updated

Breakout on PHX. Confirmed?

246
In my previous chart. I did not have Elliot waves incorporated. Here, we have what looks like a completed 5th wave C with a break out to the upside. Also. We have lower (lows and highs) on price, and higher (lows and highs) on RSI. Looks like to me its up, up and away starting now! Any feedback is appreciated. I've only been doing this since December.
Note
Huge breakout confirmed!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.