JWORRELL

JWORRELL

Using descriptions from Investopedia, I have attempted to match current market phases to the phases described by Wyckoff. One failing here is that I fully expect a return to 25,500 or even 28,000 before we fall to the accumulation phase, but I cannot match such a high price rise to Wyckoff theory. I did include it at first, and just called it a correction, but it...

JWORRELL

(First published idea) Just waiting for the breakout. Had 8 good touches on the trendlines. RSI is positive. Looking for good volume. Target is only $100. Possible buy-in around 11695. If there’s a bounce (retest) around 11626 (yellow) can buy more at or near that price. Depends where you buy, current Stop-Loss around 11579 (red). That’s 1% below 11695 giving a...