CLOV is exiting the pitchfork and curling round the 1.618 ABC fib that appears to have completed a higher degree WXY.
RSI lowest ever and plenty of bullish divergence.
Having had both an explosive move up and a reflective collapse down, this could get very interesting... ๐
Not advice.
RSI lowest ever and plenty of bullish divergence.
Having had both an explosive move up and a reflective collapse down, this could get very interesting... ๐
Not advice.
Comment:
Pump today is probably wyckoff accumulation "Spring." See CLVS I drew a similar chart for details or look it up. Price needs to close above the 1.618 fib on a significant time frame to really confirm the reversal, but drifting sideways it is exiting the pitchfork - it looks like the reversal is on.
Comment:
Incorrect fibs on this chart I think, needed longer range fibs. I'll make a another chart when seems a good moment.
Many names are going to reach fibs even I wasn't anywhere near bearish enough on a few months ago.
Many names are going to reach fibs even I wasn't anywhere near bearish enough on a few months ago.
Comment:
It'll bounce sometime.....
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