KHRN - Elliott Wave Forecast - Possible Support Bounce Up Entry
Updated
6/25
- Several counts indicate an upcoming bullish wave (V)/b
- Recent price action holding above 2.20, for a 61.8 golden pocket reversal in wave (IV)/a
- Confirmation - Price break above previous high of $2.89 to confirm an uptrend.
- Invalidation - Price breaks below 1.23 into Wave I territory
- RSI shows recent gathering of bullish momentum trying to break above 40
- Several counts indicate an upcoming bullish wave (V)/b
- Recent price action holding above 2.20, for a 61.8 golden pocket reversal in wave (IV)/a
- Confirmation - Price break above previous high of $2.89 to confirm an uptrend.
- Invalidation - Price breaks below 1.23 into Wave I territory
- RSI shows recent gathering of bullish momentum trying to break above 40
Comment
- Bullish engulfing candle today indicating another positive finish tomorrow expected.Comment
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