ASX .BSE Base Resources
Target longer term to fill out the flat corrective formation= also known as double top
Projection is 1.00 Fibonacci expansion and it fills out pretty nicely as a scenario. If all goes well of-course.
Progression upward from this point is the key performance indicator for the trade to be successful.
-Fibonacci analysis of c-wave_possible last wave of set
-currently in a position of extended flat which could possibly signal the end of the extension if it can hold the 1.272 extension level
-we will see. its around here somewhere. the bottom. anticipate until confirmed and validated and not before
GDX looking to reverse
Long list of these mid caps also looking to turn bullish after a 3 month downtrend
time is now on the retrace to take final positions
should be a big wave (3) for 2021-22
here we have a tech. health stock with a deep retracement a defined long term downtrend. awaiting the reversal signals and taking note of the Fibonacci retracement. entry could be between 0.305 and 0.370 depending on how it react over the next week and possibly into Christmas, lower prices should be expected. if an impulsive move is made to the...
were hopefully starting to see the bottom of the correction. in line with the opportunistic bullish count of the Nasdaq and tech indexes which are all oversold and edging to push higher. if if only a corrective wave (2)
Setup in the GDX and GLD at the moment is begging for gold miners to revert back into an upward cycle
Technically we have enough waves down to consider the formation complete and divergence is coming through stronger as the days pass
NST is one of those stocks. ASX listed
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