As I predicted yesterday, UNI completed it's first Elliot wave cycle until $8.50.
Aswell, we had a longer correction but as we see on the chart we are at the end of the ABC correction I expect this new phase to go parabolic again very soon, if you're planning to buy now is the time.
Looking at the chart this small time of consolidation looks quite exactly the same as after the first impulse on the chart.
When we reach highs after the 5th wave I expect an even longer consolidation.
I will sell mine between 25-30$ and then wait to see how deep it drops to get a new bag.
Good luck and happy trading
First target: 11$
Second target: $16
Third target: $25
Aswell, we had a longer correction but as we see on the chart we are at the end of the ABC correction I expect this new phase to go parabolic again very soon, if you're planning to buy now is the time.
Looking at the chart this small time of consolidation looks quite exactly the same as after the first impulse on the chart.
When we reach highs after the 5th wave I expect an even longer consolidation.
I will sell mine between 25-30$ and then wait to see how deep it drops to get a new bag.
Good luck and happy trading
First target: 11$
Second target: $16
Third target: $25