SMH has formed an Inverse Head and Shoulders Pattern. Looking for a bounce to 169-170 if it can close above the neck line. Trading this with SOXL if pattern confirms.
The chart posted has given what state is a very clear ALL GO for the LAST BULL MARKET LEG. This last leg will end into mid sept . I will post more but a min is 4666/4731 . This will mark the END of The bull rally from oct 2022 and we will then see a very neg cycle One in which you all do not want to in the market for . Use this leg to Sell all long term...
On Sept 2, 2022, a daily wolfe wave entry was triggered. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. Since there is no apex associated with the daily wolfe wave, an alternative price objective would be required using gaps,...
There is a daily wolfe wave setup that triggered on July 1 closing day at 53.65. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 84.69 which is expected to reach this price target before Sept 22. Projected...
