CORRECTIVE WAVE C SHOULD FORM NOW. SCROLL OVER THE GREEN BOX FOR TARGETS
Correction expected to 26350 levels before a move up.
ELLIOT WAVE ANALYSIS SCROLL OVER THE GREEN BOX FOR INTRADAY/POSITIONAL TARGETS.
1) BULLISH SIGNAL ON ICHIMOKU INDICATOR 2) BULL FLAG FORMING IN THE UPTREND 30 NEXT TARGET 6400
FALLING WEDGE PATTERN MAY CAUSE TREND REVERSAL AT THE SUPPORT LEVEL. TARGETS MENTIONED ON THE CHART.
TAKE LONG POSITION @ 5600-5800 $ LEVELS TARGET 12000 $
START OF CORRECTIVE ELLIOT WAVE C. DIVERGENCE ON THE RSI. SELL @ 36.50 BUY @ 35.50
BUY @ 244.50 ~ SELL T1 245.50 T2 246.50
INTRADAY CALL FOR 21/05/2018 WAIT FOR PRICE TO RISE TO 213:70 AND ABOVE SELL WITH STOP LOSS AT 214 BUY T1 212 T2 211.50 ANALYSIS - ICHIMOKU SIGNALS BEARISH - VWAP BEARISH - BOLLINGER BAND CONTRACTING BEARISH - MACD BEARISH - RSI BEARISH - HEAD AND SHOULDER PATTERN BEARISH - FALLING WEDGE PATTERN BULLISH - STOCHASTIC BULLISH
INVERTED CUP AND HANDLE FORMATION RSI - BEARISH RETRACEMENT TO 38% FIB LINE EXPECTED EMA (9 CLOSE) BEARISH VWAP BEARISH MACD BEARISH SELL 277 BUY T1: 275 T2:273 SL 279
INVERTED CUP AND HANDLE FORMATION RSI - BEARISH RETRACEMENT TO 38% FIB LINE EXPECTED EMA (9 CLOSE) BEARISH VWAP BEARISH MACD BEARISH SELL 277 BUY T1: 275 T2:273 SL 279
Slow Stochastic - Bearish EMA and VWAP -bullish Trendline - Bearish flag pattern overall stock is in uptrend (higher highs, higher lows) retracement to 0.382 fibline is expected after reaching resistance @414.5 SELL WHEN STOCK REACHES RESISTANCE OF 414.5 BUY BACK TARGET 1 407.5 TARGET 2 406.5 (38% FIB LEVEL RETRACEMENT)