to the left is the weekly chart..stock has reached the channel bottom....plus there are other confluences like the 78.6% retracement and 138.2% fib.extension level which imakes one believe that the correction is over for the stock..... To the right is the daily chart, where we can see a shark pattern formation with likely target of 431...
To the left is the weekly chart........confluence of two channels and the 78.6% retracement makes one believe that correction is over for the stock... To the right is the daily chart where we can see a shark pattern in the making........likely target 3595... This is a positional call......one should accumulate in small lots as the stock moves up...
After completing the 5 leg(12345) down move, stock is in ABC correction.......I have reason to believe that the B leg of correction is over and the C leg will stat any time now......the C leg will take the stock to 1027 level.....notice that 161.8% fib extension of A leg lines up exactly with 78.6% which incidentally is the termination point of CYPHER pattern in...
The stock has reached the 61.8% retracement level.......which is also the end point of gartley pattern...feel correction is over for the stock.........one can buy the stock for good gains in coming days
Stock has retraced to 61.8% which is called the golden ratio.......additionally we also see the the end of a butterfly pattern falling at the same area.....which is a confluence......buy the stock for handsome gains in coming days
Stock has completed a butterfly pattern.....one can go long for handsome gains in coming days
stock is at confluence of multiple supports............strong S&R, 61.8% fib.retracement, 138.2% fib.extension, pitchfork and channel supports.....
Stock is at confluence of multiple supports............D point of SHARK pattern, pichfork warning line among others...
stock has formed an AB=CD pattern.......go long for a target of 1161
Stock has formed an AB=CD pattern.......go long for a target of 646
Stcok id forming a Bearish AB=CD pattern......when it reaches the D point at 215 one can short the stock for handsome gains
stock is forming a bearish BAT pattern....when it reaches the D point at 546 one can short the stock
Stcok is forming an Alteranate AB=CD pattern.......get ready to go long when it reaches the D point at around 894...
Stock is forming a beautiful CYPHER pattern..........get ready to go long when the stock completes the pattern at D point
Stock is at confluence of 3 pitchforks, white, yellow and blue...feel correction is over for the stock and we should see trend reversal pretty soon...
Stock has completed a perfect CYPHER pattern.......one can go long for handsome gains in coming days
The stock has a slew of confluences like the Lower median of pitchfork, 78.6% fib. retracemnet, 214% fib.extension of wave 1 of 5 wave elliot cycle, primry trend line etc.......stock had a good move today.....it can be bought for handsome gains in coming days
The stock has taken support at the confluence of multiple technicals like pitchfork median, 138.2% fib.extension and E89 band.......go long and make money