TV was in a clear downtrend. For the past three months it has formed a Rounding Bottom. It made a breakout and is now in the Trend Reversal part of the pattern. I'm looking for a move to resistance at $4.50.
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Investing is a risk, and the less risk is better. At this point TV is one of the less riskiest trade, if you don't use a stop loss.
Not a financial advice.
Hello traders!
Today I cleaned the house. That's right, this allowed me to detect some areas of opportunity on my previous analysis published on the same stock. The chart has become cleaner and I did make some changes to my previous Elliott counts.
Let's get down to business;
The proposal resulting from the analysis is as follows;
a) The most optimistic: we...
Hello traders!
Today I present an update on TLEVISA/CPO. In general if there are changes in the interpretation of the Elliott count, this derived from the way the price has been behaving since May 25, 2020, when we saw the share price touch $22.70 MXN.
LET'S GO TO THE ANALYSIS;
1.- The first point I want to address is that the main trend of the issuer is still...
There is long channal from the beginning of March 2020 until 13th April 2021 and then there is breakaway gap with extreme volume.
After a retracement on Fib we can enter.
I do not know much about the fundamentals of NYSE:TV , but the chart looks interesting. It is breaking out of the cup and handle pattern, the anticipated price action is shown on the chart, stop loss at 6.9$.
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This is only my own view and not a financial advice, do your own analysis before buying or...
Hello how about Traders,
I bring you an update of my previous analysis of what could still be or be doing in the event that the station in question is making wave 4. In this case, wave 4 we are talking about is the one in blue inside of a circle.
The Elliot Waves Analysis for TLEVISA/CPO (Revisión 2.2) analysis is still valid, but I don't like it very much...
Hola Traders!
Bien dando continuidad al análisis sobre esta emisora quisiera realizar una actualización derivado de la información que el gráfico nos ha venido mostrando hasta el día de hoy.
¿Qué es lo nuevo?
Bien muy sencillo... estamos acentuando que el ABC (que representa una onda 4) pudo ya haber terminado. De echo ya había observado con anterioridad la...
According to the application of Elliot Wave theory; the count shown in the graph indicates that we are still bearish. Sorry for de "LONGERS guys" but, we haven't reached the end of the bearish path. I think that after reaching a price close to $ 48.78 MXN, we will continue short. To finish the wave (III), I like the $ 16.73MXN (0.618 Fibo of the wave III)
Shares of this stock were recently purchased by investment group Dodge & Cox, the prices are going through a major wedge shape, which is slightly pointed upwards at an angle. The top of the wedge is at a major resistance from the highest price the stock has reached dating back to 2015. The prices are also bouncing from the 200 MA, providing an area of support from...
