hello traders and investors,
As you see on weekly chart, ZW had grew up rapidly when it broke the triangle up, now we are near its highest level (930) on wich zw will probably reverse down almost on the start of 2022 (jan or feb). this down trend can go untl 710$
Pay attention and keep your sens of rationality.
As i always said: i don't have cristal ball...
Ending diagonals are my new favorite formation. Been seeing them in a lot of stock charts lately.
This one looks pretty clear. The wave 3 structure is gorgeous.
RSI broke down when we entered (iv) and we've been retesting the bottom ever since.
All these things are big indicators that a pullback will happen soon.
-40% seems like a lot, but that's what the chart says.
I see heavy congestion in the price of platinum. It is closing a wedge that began at the end of October last year. It peaked in mid-February and has been falling ever since. The correction may be close and we will see a continuation, remembering that it is still far from its all-time highs.
There is a macro narrative underway that is wildly bullish for Home Depot.
The fuse being lit here under a MASSIVE bull run evident within the latest WSJ article. Get ready for a flood of improvements and investments in homes. Keep in mind how cash flush consumers are, and how pent up they have been in their homes. The WSJ certainly made the case when they...
