BOX
BOX Inverse HnSif BOX break the blue neckline, then calculated target looks to be next resistance zone.
BOX downtrend weakeningBOX forming descending broadening wedge here. Might touch red circle first before seeing Target 1 or 2. Targets are set at previous support zones, which are now resistance zones.
Sociedad Matriz S.A.Chilean Stocks.
Pure Technical Projection.
Box Pattern, which in this case should break to the downside. This is a short 75%.
Also, price is in the vertice of a symmetrical triangle, so the breakout may be fast and strong.
High probability of great upside in this tech stockI´ve been following BOX ever since I´ve watched the presentation by Chamath Palihapitiya at the Sohn Conference (on youtube). We now have a clear buy signal from a technical perspective.
Disclosure - Chamath Palihapitiya is probably my favorite tech analyst out there.
testing support levelBOX at multi-year support level, could enter price discovery if it bounces successfully. Also finding support at the 50 day SMA. If support breaks, an average-down at the next support level.
ETSY - 08/07Online flea market stock, shaking off a few fleas post-earnings!
Still been a great performer.
BOX marginally higher highs; pull back after that. target 30-33$chart says it all. looks like wave 5 is either complete or may complete with a target of 30-31$, over performance may see as high as $33?
