RicoConnects

RicoConnects

$ATVI has been upgraded by many analysts in the last few days, so I decided to apply my learning to this equity. Until the market structure is further revealed I am assuming a Flat Correction.  In which case, leg A of a higher degree correction has completed.  And, we have exceeded a 50% Retracement into Wave C of B.   A 100% Extension of Wave A of B would...

RicoConnects

If in fact Wave is as marked, I have 161.8% and 261.8% Extension measured, Wave 4's 50% Retracement, and Wave 5's Extension of Wave 3. Wave 3 has already violated the 161.8% Extension. Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after...

RicoConnects

Given that Wave A & C are usually equidistance a 50% correction would be the midpoint at 42.84.  At this point it is unknown whether Wave A of C is complete.   Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like...

RicoConnects

Long until 161.8% Extension of Wave 3 then Short until 50% Retracement of Wave 4 Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after...

RicoConnects

Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after...

RicoConnects

Anticipating a 50% correction to 2308.05...

RicoConnects

Quick & dirty IBio Primary Cycle Elliot Wave Analysis for my friend Charles L. Appears to be headed to Wave 4 in a Bullish trend.