Hey Folks,
Well I was working on several tickers and I thought why not sharing it with you guys. I rarely share my work as I don’t consider myself still good trader. A long long long way to go :D
However, assuming my wave analysis is correct, and actually we are still in wave 1 of bear trend, then I am expecting wave 2 to fill the gap it made several days ago then it will continue the bear trend as wave 3 to fill highlighted gap.
The weekly indicators is kinda bullish which makes me think, hmm, I might be right to fill the first gap as wave 2, and then going for wave 3.
Bear in mind that earning is coming next week and I am not an earning trader as it might change the whole thing analysis based on fundamentals.
I don’t own the stock and this is not a financial advise :D lets see how it goes
Well I was working on several tickers and I thought why not sharing it with you guys. I rarely share my work as I don’t consider myself still good trader. A long long long way to go :D
However, assuming my wave analysis is correct, and actually we are still in wave 1 of bear trend, then I am expecting wave 2 to fill the gap it made several days ago then it will continue the bear trend as wave 3 to fill highlighted gap.
The weekly indicators is kinda bullish which makes me think, hmm, I might be right to fill the first gap as wave 2, and then going for wave 3.
Bear in mind that earning is coming next week and I am not an earning trader as it might change the whole thing analysis based on fundamentals.
I don’t own the stock and this is not a financial advise :D lets see how it goes