We expect that the Home Depot stock will drop further until the current wave (B) concludes in our Target Zone (coordinates: $321.10 – $288.12). After the low is settled, we reckon with a bullish trend reversal, which is why our Zone presents an opportunity to take on long positions. It should be noted that it is also 29% likely for the low of wave alt.(B) to be...
The S&P500 dipped into our turquoise Target Zone (coordinates: 5025 – 4933 points) with its recent setback. The low of the turquoise wave 4 may have already been reached, but another downward move back into the Zone is still possible. If the index even falls below the support at 4864 points, the magenta wave Alt.(2) will head down into our next Target Zone...
The XPEV share is currently trying again to establish itself below the $7.51 support level. We assume that it will succeed in doing so soon. The green wave (2) should lead to a sell-off to the blue Target Zone (coordinates: $5.31 - $3.01). There we expect the low of the protracted correction and thus a long-term trend reversal. Traders and (long-term) investors...
FTM has reached our magenta Target Zone ($0.76 – $0.50). Here, we expect the low of this same-colored wave (ii). Long positions could be opened here accordingly. Stops could be placed around one percent below the lower edge. With the low in place, a rise above the $1.22 mark should be on the cards.
Walgreens Boots Alliance shares have now dipped into our Target Zone between $19.29 and $16.53. Here we expect the end of the blue wave (II) and thus a reversal. Traders could open long positions within the range, with stops about 1% below the lower edge.
TMUS was able to pull out of its green Target Zone ($168.80 - $161.69) on the downside. As we consider the high of the green wave (B) to be already established, we now expect a pronounced sell-off to below the support at $154.38. Our 37% probable alternative scenario, on the other hand, calls for a slightly different development. If the Zone is overshot, it will...
The gold price has now reached the levels at which we expect the high of the orange-colored wave c and thus of the turquoise-colored wave B. We anticipate that the price will turn around and then sell off sharply. After all, we consider the current rise to be merely corrective in nature.
The price of Fiserv should have recently placed the high of the magenta-colored wave (1). We now expect the magenta target zone to be reached between $134.54 and $120. Within this range we expect the low of the same-colored wave (2). We consider it 37% likely that a higher high of the magenta-colored wave alt. (1) will occur.
FTM rose sharply over the last seven days. We now consider the low of the turquoise wave 4 to have been placed in our Zone ($0.76 and $0.87). With the last leg of the turquoise-colored five-part wave, the price should now rise above the resistance at $1.22.
AVAX turned within our blue Target Zone ($41.83 – $50.42). Accordingly, we consider the low of the blue wave (ii) to be established. In the further course, the same-colored wave (iii) should continue well above the resistance at $65.42. Investors can open long positions in our Target Zone. Stops could be placed around 1% below the Zone. Indeed, if the price slips...
We primarily assume that Apple shares will swing higher again in the short term with a countermovement and then extend the high of wave X in turquoise. It should then later enter our green Target Zone ($161.90 – $140.32) with the subsequent wave Z. If, however, the price chooses our alternative scenario (35%) our Zone will be targeted directly.
UnitedHealth shares have now dipped into the green Target Zone between $447.18 and $470.19. This is the price range in which we expect the low of the green wave (B) and thus a reversal. We therefore now expect a rise to above $495.87. At 40%, however, we think it is likely that the price will slip below the zone again and the low of the green wave alt.(B) will end...
Xiaomi shares recently attempted to break above the HK$16.98 resistance level. This level should still be breached as part of the turquoise wave 3. However, we think it is 30% likely that the price is more likely to form a deeper beige wave alt. II.
Over the last seven days, MATIC has plunged into our green Target Zone (between $0.921 and $0.790). We, therefore, locate the price on the last stretch of the green wave 2. Traders could use the price range of our Zone to establish long positions. Any stops for hedging purposes could be placed around 1% below the lower edge. Once the low has been established, we...
LINK experienced a significant setback recently. However, we interpret the recent development as part of the substructure of the blue wave (iii). As a result, the coin should recover in the near future. Then, it should gain to levels above $22.87.
We consider the recent setback merely as part of the substructure of the magenta wave (1). This wave should lead to a sustained rise above the resistance line at HK$280.60. However, our 30% probable alternative scenario should also be noted. This would attest to the corrective nature of the upward movement that has been underway since February. Although the price...
As Bitcoin is still trading below the resistance at $73 462, we are not convinced that the green wave 4 has already been completed. Instead, the price should once again approach our green Target Zone (coordinates: $58 655 - $47 012) to establish the low there. However, we must also keep an eye on the option of a more bullish development within the framework of our...
AVAX bounced off the upper edge of our blue Target Zone (between $50.42 and $41.83). Although the low could already be in place, we still primarily assume a deeper dive into our Zone before the low of the blue wave (ii) is set. Traders could use the range to open long positions. To minimize risk, they could place stop orders about one percent below the lower end...