SWN quick 20% this Week; April's +Earnings will prove valuable
Greetings Earthling...
Quick money... Fibonacci and Elliott Wave Theory (ETW) suggest Wave 3 will commence Monday with a rapid acceleration. This is likely based on positive Earning Reports (ER) from late April. Following the ER release, investors too advantage of existing gains resulting in a collapse in price to the typical retracement area of (.618 Fibonacci - Wave 2's retracement of Wave 1) on the daily chart.
Measurements suggest a rapid acceleration to $4.99. This will be a result from investors seeing both value at a discounted price and positive earnings indicating the company had performed admirable over the last quarter.
Additionally, ETW guidelines suggest that a correction is not complete until it hits enters into the area of the Wave 4 of the previous 5 Wave Cycle... This area is well above the $5.00. The weekly Charts suggest 5.15 target by end of the month and month Chart suggest a continued increase of the asset.
Stop Loss: $3.85 (5%) // 1:4 Risk/Reward Ratio
Happy Trading ...
#FlintstonesGazoo #TheGreatGazoo
Gazoo: "But wait, surely there must be others more qualified than I".
Andre Benjamin: “Even the sun goes down, heroes eventually die/Horoscopes often lie, and sometimes ‘y’/Nothin’ is for sho', nothin’ is for certain, nothin’ lasts forever, but until they pull the curtain”...
It will be you and I...!!!
Quick money... Fibonacci and Elliott Wave Theory (ETW) suggest Wave 3 will commence Monday with a rapid acceleration. This is likely based on positive Earning Reports (ER) from late April. Following the ER release, investors too advantage of existing gains resulting in a collapse in price to the typical retracement area of (.618 Fibonacci - Wave 2's retracement of Wave 1) on the daily chart.
Measurements suggest a rapid acceleration to $4.99. This will be a result from investors seeing both value at a discounted price and positive earnings indicating the company had performed admirable over the last quarter.
Additionally, ETW guidelines suggest that a correction is not complete until it hits enters into the area of the Wave 4 of the previous 5 Wave Cycle... This area is well above the $5.00. The weekly Charts suggest 5.15 target by end of the month and month Chart suggest a continued increase of the asset.
Stop Loss: $3.85 (5%) // 1:4 Risk/Reward Ratio
Happy Trading ...
#FlintstonesGazoo #TheGreatGazoo
Gazoo: "But wait, surely there must be others more qualified than I".
Andre Benjamin: “Even the sun goes down, heroes eventually die/Horoscopes often lie, and sometimes ‘y’/Nothin’ is for sho', nothin’ is for certain, nothin’ lasts forever, but until they pull the curtain”...
It will be you and I...!!!
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