Long term time frame
As you can see from the analysis of possible outcomes in the formations its developing
This may change if any of these developments invalidate the chart and confirm a different outcome
TA is a continuous analysis of shape inside shape and line upon line
From one time rame to the next its all correlation in action
Those who understand...
ZNO Zoono Group
High risk trade- i give it a 50.50 chance!
Zoono Group has appreciated a lot in 2020 due to the Corona Virus fears.
They sell a product used in sterilization and have had some increase in salesm none so that justify the current SP. Hence its a trde and not an investment at this stage
All the info is available on their website to do your own...
ASX: CAN ( $ 1.48 + 9.63 %
+ Technically looking strong
+ Plotted chart which was developed continuously (8 weeks) is corresponding well with actual price action
+ Trend continues and shorter term parabolic trend developed within channel. Tested resistance with wyck.
+ Elliot Wave 5 commenced (We think we are at 5_iiiii_)
+ Volume great and RSI...
ASX: CAN _ Cann Group
_Updated Elliot Wave Theory Pattern
_Fibonacci Levels in lines of color
_ABC Correction less that 50% retrace
_Wave 5 possibly to bounce off 50% fib level which could correspond with
_Validation of wave theory
ASX: SLR $1.530 -1.32%
22nd January 2020
Current Analytics on the 'broader scope' Daily and Weekly Periods
_Trending within distinct channels
_The retrace/s correlates really well with the base of the existing uptrend
_The retrace/s also bottomed at fibanocci levels
_Currently swinging on the top channel of trend upward
+ Fundamentally and technically very...
ASX: CAN $1.350 -12.34%
22nd January 2020
Elliot Wave Theory (EWT)
Elliott Wave is fractal and the underlying pattern remains constant. The 5 + 3 waves define a complete cycle. They can form different patterns such as ending diagonals, expanded flats, zigzag corrections and triangles. Fifteen different degrees of waves can be identified with each of the 5...