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Long
Updated

Buy TV18 below 50

150
Analysis TLDR -

  • Expecting bullish divergence in play to continue.

  • Long term green support range holds.

  • Wave analysis shows first wave of a megatrend to be complete at ATH. A retrace of this wave is expected between 50-61.8% ideally. We're at 50% now.

  • Algorithms also expected to buy the .5 fib, target -0.236 (new ATHs). Algo involvement evident in history. Comment for proof.


Ideal entry - Below 50 bucks

Targets - Expecting ATHs in long term. Will update idea soon for a target with algo play shown.
Note
Long term algo target - 91%
snapshot
Note
New idea coming soon for TV18 long position
marzil
Also on:
algotradingbotsElliott WaveFibonacciSupport and Resistance

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.
algotradingbotsElliott WaveFibonacciSupport and Resistance
marzil
Also on:

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.