May see a deeper corrective wave of B of 5 before continuing up. Targeting about $37 as the 1:1 of the ABC of B and good level by vpvr. Then - Looking for a continuation of the 3-3-3-3-3 pattern for an expanding diagonal. Looking for at least $46 price target for w5>w3
Comment
⋅
This move is still active with a price target of 36.50.
See my comment below
Comment
⋅
Short was closed today for breakeven. Precarious price action on PFE and major indices. Rather just wait for a long entry.
@Aeron_C, yes this is Eliot wave analysis. I try to not get lost in the weeds or overweight the ew rules. You see me applying basic principles along with standard price level (volume profile) and trendline analysis to stay on track.
arielle731
⋅
Another great call of yours, please share more !
warrenbudget
⋅
@arielle731, thank you. Just provided updated guidance.