AT Systematization, on big picture, it is currently in higher degree of wave 3 of Elliott wave counts.
On one level smaller degree count, the stock has completed its wave (iii) - (iv) zig-zag A-B-C pattern correction. And the reversal going into wave (v) has built its base since Nov 24th 2020.
It is predicted the stock is going to be bullish and continue its uptrend movement in coming trading days to come. The minimal target to end wave 3 is 0.355, but wave 3 could potentially extended to end higher than 0.355. We need to monitor the wave developments to confirm the possibility of wave 3 extension.
Happy trading traders!
On one level smaller degree count, the stock has completed its wave (iii) - (iv) zig-zag A-B-C pattern correction. And the reversal going into wave (v) has built its base since Nov 24th 2020.
It is predicted the stock is going to be bullish and continue its uptrend movement in coming trading days to come. The minimal target to end wave 3 is 0.355, but wave 3 could potentially extended to end higher than 0.355. We need to monitor the wave developments to confirm the possibility of wave 3 extension.
Happy trading traders!