I am new to analyzing charts using the Elliot Wave theory and came across this stock on a few other publications. Upon further review of the YTD time frame, I believe we are entering Wave 5. There was a large drop due to the pandemic, which has resulted in what seems to be the start of an Elliot Wave. At the beginning of September we hit the top of wave 3 and...
I am new to analyzing charts using the Elliot Wave theory and came across this stock on a few other publications. Upon further review on the 2h time frame, I believe we are entering Wave 5. There was a large drop due to the pandemic, which has resulted in what seems to be the start of an Elliot Wave. This is indicated by the 20 and 50 EMA’s crossing the 100 EMA....