NtCage

NtCage Updated 

Looking for a run up to $38-40 level. If it breaks the channel, we could see a run to $43-44. The next level is $53. Beware of regulatory issue in China. Looking to cut EV subsidies. This may overshadow price movement/momentum.

NtCage

This looks to be the start of wave 1 of the next cycle

NtCage

Approx length of wave 3 as per the approx length of previous wave 3. Wave 4 should retrace ~ .382 - 50% of wave 3. Watch the 3210 level.

NtCage

Approx length of wave 3 as per the approx length of previous wave. Wave 4 should retrace ~ .382 - 50% of wave 3. Watch the 3047 level.

NtCage

The trajectories may need adjusting but coming together nicely.

NtCage

This Elliot Wave interpretation would suggest we are about to enter a wave 3

NtCage

Nice support along the neckline. Sell if drops below.

NtCage

Responding perfectly to the Fib and S&R levels