RSI on Daily (>90) is the highest since Nov'17. Wave 3 is super extended.
I believe 5th wave has to run, hopefully to $400 (300DMA). But we never know where it ends, so be cautious
4th wave supports can be $300 or 0.382 Fib level
I believe 5th wave has to run, hopefully to $400 (300DMA). But we never know where it ends, so be cautious
4th wave supports can be $300 or 0.382 Fib level
Note
Our lower target was $263 and we bounced hard at $264. Love EW and fib levelsNote
Trying to get support at 200 Day EMA (pink)
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Follow me for more updates
twitter.com/imkeshav
youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
twitter.com/imkeshav
youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.