Spruce Capital. The chart shows a wave 5 high of $149 but who knows....
triple bottom was broken.
And the Fib 50%. The momentum could take it further down to the Fib 61.8 and the bottom of the BB as well
I think out of all the charts I've posted, this is easily top 3 favorite. Sunday's I'll go through scanner settings & tweak stuff & come up w/ ideas to try & find at least 1 if not 2-3 charts I can see a good trade in. If I don't, but I can find a good future trade - I'll make a note of an expected date. Most of them are solid, some not special enough to post -...
The last time it did that, it went on a torrid bull run from $20 to $100.
This is it! The 1.0 wave 1 extension for wave 5 is too low, lower than wave 3.
Target, stop loss and entry shown
Seeing if this one can break above 97-97.5 level Clear to all time highs and weekly chart looks primed
1.618 wave A is on the trend line. Other targets includes Fib 1.272, Fib 1.414 as shown
Targets of $104, $106, and $110 based on Fibonacci extensions of 1.272, 1.414, and 1.618.
Im looking for a pullback in TWOU. The chart indicates that before earnings "E", the stock usually comes back to the 50sma. This has been a good long term holding. I'll look to go long when it tags the 50sma.
There is no overbought situation. MACD and RSI have still momentum.
Shares. Can't get more Bullish than that.
once it passes all three lines count five closed candle sticks at the tallest wick you will have your first support to brake. ONCE THAT SUPPORT IS BROKEN. sell with confidence. at any time frame.