As stated before, AUTO will complete Wave 5 but looks like it will be much sooner than anticipated.
As stated in previous posting, AUTO has completed the small wave and looking for bigger wave completion. Still long journey but hope for the best.
AUTO move to complete small wave thanks to record profit announcement. Looking for AUTO to complete next big wave. I will post the big wave in next chart
I bought my positions today June 8, 2023 The reasons: 1. The stock offers a low-risk entry point 2. It developed a small cup-and-handle pattern 3. It outperformed the general market 4. It has a high relative strength line 5. It has VCP characteristics 6. It breaks out with a huge volume Flaw: 1. The market is still in a correction 2. Lack of setup in the market
trading plan auto weekly buy 2500 sl 2410 tp 3870 disclamer on
BUY only if only MFI indicator reversing to the upside which currently is still going down.. WAIT FOR IT