Updated
KHRN - Elliott Wave Forecast - Possible Support Bounce Up Entry
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
Note
- Bullish engulfing candle today indicating another positive finish tomorrow expected.Note
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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.