Reward/Risk: 5/1 Entry: 88.50 or at a lower price Stop: 84.00 Target: 105 After 2 months down and rate of changing picking up it looks like a decent setup to the upside
Bouncing off the green box (again). Please like and share if you appreciate this Elliott wave update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets are updated...
Bouncing off the green box. Please like and share if you appreciate this Elliott wave update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets are updated on...
Green box: 87.70-90.51 Target(s): 107.08; 108.03; 110.93 Should hold level: 84.37 Must hold level: 76.42 Please like and share if you appreciate this Elliott wave update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of...
Please like and share if you appreciate this Elliott wave update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets are updated on Monday, Tuesday, Wednesday and...
MCD, GOLD, AJG, BLL, CLX, ES, KR, MKL, NEE, S, NEM
BLL has been trending up steadily for literally decades, breaking new all-time highs on a regular basis. Currently it just went through a period of consolidation, then broke out above & made it's latest all-time high. Helped by this is the news that Karina Funk of the $1.1 billion Brown Growth Fund is behind it.
The price went upwards last few days and reached the cypher pattern 78.6 entry point. There is a structure level at 43.07 that acts as a major resistance level. Most of the selling orders will be placed closed to that area. If the price starts falling, then most trades follow the momentum and sell. I will wait some time more to see how the market develops and then sell.