CrossAmerica Partners Evidently moving South first. CAPLThat is one weak looking B Wave. More evidence for a powerful C Wave incoming. Kennedy Channeling suggests the same. When will you realize? All markets are fractal in nature all of the time.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
CAPL trade ideas
Watching this beautiful triangleAs you can see the action price already break the last big resistance, it struggle since march last year and now it seems to be coming back, in MACD we have a good volume that shows momentum the two lines are crossing, the four MVA lines(5,20,50,200) now are under the price meaning the beginning of a bullish trend (check that since the very first time for the company the price is above the 200 MVA) and if I could guess, I believe it could be around the 50s in the next six months, for now I expect to reach the other previous resistence that was 30 dollars either tomorrow or friday.
This is the first chart I ever publish please share your ideas so I can keep learning, this is not a financial advise always do your own research.
Thanks for reading.
Show some love commenting below and share what other indicators you would use to reinforce a technical analysis like this.
Ghostrader