


ezmonkey
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0Joined Nov 2, 2020
elliottwaves
supportandresistance
trendanalysis
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W2 went down 50% of W1, W4 can go to 366, 357 or 345 for fibonnaci levels of W3. W5 can be 100% of W1 represented in the picture, aligning with the general consensus of 420 top. Be on the lookout for a bottom of W4 to take advantage of the start of W5. I had hopes that the market would just crash, but it doesn't seem like this is the time.
8
The Green line seems to be an ascending trend for the stock to hug, since it was serving as support up to mid December, and seems to now be a resistance. We have 515 as current support, and the first resistance on the horizontal line of 542, and the green line after that. On the bull case, the stock should move to the channel between 542 as support and the...
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