The stock did a 1-2-3-4-5 impulse wave from the Mar'20 low & did a prompt A-B-C correction to the 38.2% retracement of the bigger wave. ST, the stock will fill the gap and hit the 53.6 levels. Longer term, it will correct slightly from there and test the ATH
(Remmeber, last time it filled the 55-60 gap precisely & corrected from there)
(Remmeber, last time it filled the 55-60 gap precisely & corrected from there)
Note
Wow, this filled the gap perfectly and how! 56.5 and 60 are the next targetsNote
A gap up this time! Came back just below the 2nd target of 60. Will surely hit all time highs after some correction hereTrade closed: target reached
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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.