FabienGo

FabienGo

Let's try a non popular value Pharmasimple is a belgian company selling online parapharmaceutical products in France and Belgium the top at 13,20€ has been corrected to 23,6% (6,54€) So we have a nice entry point here to play this small cap

FabienGo Updated 

Assuming a 5th wave has been concluded, the first wave higher degree is finished, the following correction could lead us to the 38,2%-23,6% Fibo levels Strategy: either wait for correction to be finished by analyzing the waves or place orders at different levels, for instance: 4,56 - 25% order size 5,84 - 50% order size 6,87 - 25% order size stop under 4 I would...

FabienGo

From a long term perspective: Scenario 1 the first impulse movement may be completed with the top around 25 which matches well with fibo levels the second wave shall be in progress and may correct up to 38,2% - 23,6%, means around 11-12 USD therefore a good entry point would be around 13USD Scenario 2 the first impulse is not completed, we are in the wave IV so...

FabienGo Updated 

trade idea: 5 (c) ii may be finished order @ 80,65 if that goes down to the 23,6% fibo stop @ 77 (wave 2) order > 87,35 (wave 4) which would confirm that the correction is over stop @ last low (wave 5) = 82,35 now Targets 103,95 110,95 144 long term