Best time to enter a position at ABC corrections...
$Stic is a growing company that will be $BARK on exchanges on Tuesday 1st.
YoY revenue growth 79%
YoY subscription increase 73%
P/S ratio 3, could be 10 easily
Let's see it grow to 1bln MC
We saw the huge Doge move, Elliot Wave blow off through the roof,
Next step is to find loading zone,
And we can see it appears to be at perfect ABC correction (white line), after we touch it again, get ready to form new 1st wave of Elliot action
Here is Elliot wave count to the 25-27k range to finish the 5th Elliot Wave
I m always bullish, but take this level as a buying opportunity to blow off to 118k later. Bigger scale shows us we are at the 2nd wave retracement to 25-27k and current price action is showing us we are in 4th wave to 41-44k then down to 25-27k
Pls lmk your thoughts
240b addressable market
150+ operating countries
18x growth for past 2 years
Revenue Growth - 87% YoY
100b potential market cap 🤑
GHVI Can do 10x 🌟if it goes like Zillow 40x 🌟🌟
If they go monopoly 100b it’s 100x 🌟🌟🌟
Elliot Wave representation, 2nd wave finished on this ABC correction. Confirmed by 0.618 retracement + complex flat correction in B wave.
MC - 3b
Revenue Growth +55%
EPS Growth - 514%
Growth Margin - 30%
Industry average 30b.
Does it sound like 10x to YOU?
Please see the $AMC price action in Elliot wave
I assume we are in 3d wave, 2nd is confirmed by 0.618 retracement
The target for 3d wave as usual 1.618 fib extension
March 19 is coming witching day
Note: consider possible ABC correction