Hi All, my main 3 take-outs from this analysis are the following:
1- 100 Moving Average is still working well as dynamic support and prices are bouncing from there aheading to 470
2- It is realistic to think that beginning of 2022 might start with a retracement still towards the support sitting at 455, with a movement that might bring to the formation of a...
I'm looking for complete the last part "wave Y" degree white, two options the wave c dregree rose finish 61.8%(1.2940) or 100% (1.2700), 1000 pips or more.
Cytokintics looks great for a follow through on expansion breakout made a 2 month new high on surging volume due to being listed on the s&p smallcap 600 with last closing day being the largest in its range of the last 7-9 trading days. Buy stop in just above the breakout high with 1day expiry.
This stock is also undervalued, leading its peers with good...
I expect a mirroring of the price action from the left side of the B point.
Thus the CD leg should have the same (negative) slope as the XA leg.
Then I noticed that it would form a harmonic pattern and I checked out the harmonic ratios.
Turnes out that all are fib ratios. The OTE sweet spot is actually a fib ratio, too, but not many know it.
Out of interest I...
