copy & paste from twitter & stocktwits:
We have to see how it develops, but expecting to see an expanded flat with a 5 wave impulse to complete this sideways correction that started April 15, 2024 before we make the final move down to complete the macro structure and unfortunately filling gaps below....cont
The
HSI & 
BABA appear like they will make new lows over the next 24 mo. paying closer attention when new lows are made on HSI and around 12k. I thought we found the bottom going into March/April last year but wrong as this developed into a corrective flat for 
NIO
lastly the volume profile isn't capturing the correct data - if we view only $66.99 to the current low, there is a massive volume gap at the ~0.382 fib correcting wave W (the 5-3-5 structure) at $11.02 which is the highest tgt for this bounce & HSI finishing correction from 2007
We have to see how it develops, but expecting to see an expanded flat with a 5 wave impulse to complete this sideways correction that started April 15, 2024 before we make the final move down to complete the macro structure and unfortunately filling gaps below....cont
The
HSI & BABA appear like they will make new lows over the next 24 mo. paying closer attention when new lows are made on HSI and around 12k. I thought we found the bottom going into March/April last year but wrong as this developed into a corrective flat for NIOlastly the volume profile isn't capturing the correct data - if we view only $66.99 to the current low, there is a massive volume gap at the ~0.382 fib correcting wave W (the 5-3-5 structure) at $11.02 which is the highest tgt for this bounce & HSI finishing correction from 2007
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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.