DJI - One last pushDJI could still be correcting on an expand flat 4th wave despite making a new ATH. If that's so, we have 2 potential targets for the top.
Djilong
A Topside Breakout of the Broadening Top on the DowSometimes there are topside breakouts on broadening tops, when this occurs a parabolic spike almost always follows... If today is a one day reversal and the Dow blows through the top, here is my short term price target on the move.
DJI 30K Last impulse of the cycle. What if DJI hits 30k ? What if the final move will be the greediest one? Everyone will be hungry for profits before rate hikes and earning of the companies squeeze. If - Then - $$$. Good Luck
DJI 4H LongDJI 4H Long
TP1: 24791.0
TP2: 24862,0
Entry:24749,5
SL: 24695.0
This is not investment advice
DJI LONGDJI is expected to RISE now.
There are many reason why we feel it may RISE.
01. It is taking support at quarterly levels trying for a big jump.
02. Bullish engulfing in daily Chart.
03. May reach weekly target 16326
04. Stoch RSI (3,3,14,Close) states it may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our sell call shall be from Long above 16082. with a SL @: 16015 Tgt 01: 16252 Tgt 02: 16326 We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
