Reason for long a) Wave 3 possibility b) Duration : 2 years c) Retracement of Wave 1 triggers the formation and now completion of wave c of wave 2 d) wave 3 triggered e) SL compulsory f) QQE long signal
STOVEC INDUSTRIES IS BREAKING ALL ITS RESISTANCE ABRUPTLY. IT SEEMS TO FORM FLAG PATTERN. TARGET OF FLAG PATTERN = LENGTH OF POLE FORMED SO TARGET OF STOVEC WILL BE AROUND 900+ CURRENT PRICE OF STOVEC IND.
Congrats to all who caught this big move today, A pull back and go would be helpful.
Wait for pull back to the channel breakout and take off. Huge cause built in this name with decent fundamentals could be a campaign stock to hold for a long time. I am waiting to take a 1/3 size position in this name.
1. Symmetrical triangle 2. Declining volume 3. Breakout near ~2500