SHOP, Lots of long and short opportunities ! We keep it on watch
SHOP is beautifully offering lots of long and short opportunities ! Are we prepared in advance ? Of course we are.
SHOP has started new motive rally from 1005.14 on 26 Mar 2021 and so far has completed wave (1), wave 1, 2,3 and probably wave 4 of (3) and now is probably completing wave 5 of (3) which will terminate at two proposed strong resistances which are 1641 and 1710. After completing this up going wave, there will be a short opportunity to catch wave (4) down to 1405 , 1333 and 1260 corresponding to 0.382, 0.5 and 0.618 Fibonacci levels respectively.After that, another and last up going wave (5) will start.
After making a new ATH , there will be a great short chance down to prices below 1000. Who wants to miss the chance?
Please note that, this is the most probable scenario for now. Should it need any update, it will be done later.
We are prepared in advance to make profit. We trade smartly and objectively. We see the chances but never jump into the trade blindly. Right?
SHOP has started new motive rally from 1005.14 on 26 Mar 2021 and so far has completed wave (1), wave 1, 2,3 and probably wave 4 of (3) and now is probably completing wave 5 of (3) which will terminate at two proposed strong resistances which are 1641 and 1710. After completing this up going wave, there will be a short opportunity to catch wave (4) down to 1405 , 1333 and 1260 corresponding to 0.382, 0.5 and 0.618 Fibonacci levels respectively.After that, another and last up going wave (5) will start.
After making a new ATH , there will be a great short chance down to prices below 1000. Who wants to miss the chance?
Please note that, this is the most probable scenario for now. Should it need any update, it will be done later.
We are prepared in advance to make profit. We trade smartly and objectively. We see the chances but never jump into the trade blindly. Right?
Comment:
Strong bearish reaction to first proposed resistance ! Lest follow.
Comment:
Are we making profit from continuous Shorts and Longs?
We are on the way to become a millionaire? Right?
We are on the way to become a millionaire? Right?
Comment:
Strong bearish reaction to 0.618 Retracement of last small decline ( wave a).
Wave b may be completed. Correction may end at 1413. Are we prepared in advance?
Wave b may be completed. Correction may end at 1413. Are we prepared in advance?
Comment:
Correction continued down to around predicted 0.5 retracement. Do we have a bullish reversal around 1333?
Comment:
We never go long without a bullish sign in predicted support zones.
Comment:
Beautiful reaction to last support shown on the chart. It is on the way to complete the final wave of a large wave cycle. Amazing how we can predict stocks behaviour by means of Elliott wave theory.
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New ATH ! It followed what we predicted 16 weeks ago! Amazing ! congrats my friends.
Comment:
Our proposed Big Short proved to be a real one !
Comment:
Time proves the value of an analysis.
