cbud
Long

FTR putting in the first Bullish impulse up in a Long time

NASDAQ:FTR   FRONTIER COMMUNICATIONS CORP
28 0 1
FTR             Bounced after a 2nd touch exactly on daily channel support.
Subsequently had a strong move up and looks to have completed a 5th wave Ending Diag.

I am watching for a simple ABC first correction to try and catch a strong 3rd wave up into the 4.50 area.
Doesn't look right now that we'll see an expanded flat, so I'm anticipating a Flat or ZigZag to complete tomorrow Thurs.
It's a 2nd wave anticipated so deep correction at least 50% into the 4.00 level.
The angles of a Wolf wave interpretation help me in these Ending Diag situations.
So I've got the channels in Green up on my chart and will enter a long if I get a nice setup.
Right now the correction is incomplete, so need to see a high probability setup.

Truth is what happens in the real world; not necessarily words from a book.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out