alfredwhite

alfredwhite

The classic double‑bottom breakout appears to be unfolding between ~$2.06–2.10, confirmed when price broke above the neckline at ~$2.28. Traditional analysis suggests measuring the distance from the bottoms to the neckline, and projecting this upward, setting a breakout target near $2.50 Key Levels to Monitor Support zone: $2.06–2.10 — must hold above this...

alfredwhite

TRX is currently in the multi-leg Wave 4 consolidation, a classic corrective phase before the anticipated final Wave 5 impulsive. This consolidation phase is healthy within the larger trend, allowing for overbought to fade before the next move higher. A clear breakout above the $0.28–$0.30 range would affirm the Elliott Wave forecast, targeting $0.30 → $0.31 →...

alfredwhite

Is Ferrari's stock still bullish? Technical Outlook Elliot Wave theory suggests a cautious bullish stance. The present correction seems to be a temporary setback, likely driven by guidance and tariff fears, but sets the stage for a potential rally to $520-$540 if support is not broken. However, risks of a deeper correction (i.e., to $420-$440) persist if...

alfredwhite

Chart Pattern: Falling wedge (bullish) identified on the weekly chart. Indicators: RSI: Above 50 on daily, weekly, and monthly charts, indicating bullish momentum across timeframes with no immediate overbought conditions (RSI < 70). EMA: Bullish on weekly and monthly charts (price above key EMAs). Current Sentiment: Mixed but leaning bullish. X posts...

alfredwhite

Bullish bias for SOL based on falling wedge breakout potential supported by favorable multi-timeframe EMA alignment Falling Wedge pattern detected on the weekly chart ✅ EMA (20) Levels Daily EMA(20): 170.17 Weekly EMA(20): 162.80 Monthly EMA(20): 144.53 ✅ RSI crossing/holding above 50 on daily 🎯 Trade Plan Idea: Entry: Around 170.17 Stop-loss: Below wedge...