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frsqy
Apr 3, 2021 4:22 AM

GNW will do a head and shoulders breakout into ABC correction Long

Genworth Financial IncNYSE

Description

Right now, we are in a pennant consolidation, and I expect the stock to break out with good stimulus news. This will occur in a standard 12345 elliott impulse wave, and then we will have a huge ABC correction because GNW's real fair value is around $0.69. Thus, we have our ABC correction, in which the C wave subdivides into an elliott 5 move impulse wave.
Comments
mcafc98
I think you're right.
cactus777
what are you smoking
LetsBeMillionaire
CMON...head and shoulder is not even started and you are charting it. what is you point that it will make this HnS pattern?
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