The small bearish pennant is still there. Will we break on top of it or on the bottom side who knows.. If that was a one two when we initially broke on the downside you can see where the algo's target is for the 3rd. Just a quick update it's really 50-50 where we go from here. The main pattern is a bullish pennant, but if this is a true correction it just seems...
Looks to be setting up for a move soon.. down for the 5th.. Let's see if that support holds. Would've loved it more if the support line would've matched up with the 618 or the 65. The picture post does tho once I readjusted my fibs.
The wedge just fattened up still same target as before.. Nothing has changed still waiting to get filled
double bottom from February's panic lows.. Big time buying opportunity
The big boys in the block are ready for this correction.. One more hit on the lower and upper trend line and the correction for AAPL should be in full effect.. Get ready for this correction boys it won't be a short one.. I will be laddering long buys at the 0.5 fib level
110-84 is where I expect for FB to be a great buying opportunity to go long.. Just a normal healthy correction. big drop is about to happen and after abc for 4th wave for the C wave
Wave C: Prices move impulsively lower in five waves. Volume picks up, and by the third leg of wave C, almost everyone realizes that a bear market is firmly entrenched. Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond
Correction time.. Just for fun
So from my analysis you could see that all targets were hit by the fibs for each large wave structure so I can only conclude we are doing a 5 wave correction which would mean a big retracement is due.. I never post I just posted this, because I saw most posts I've seen were with 3 waves not the 5 I believe we are correcting.