SRM looks to be possibly bottomed and has actually started the first wave of the impulse and now doing a wave 2 correction before a blast to wave 3.
will be watching that 1:1 extension, clear invalidation below the start of the assumed wave 1.
this is a LONG term analysis.
I believe whatever 5 waves up we had is a LEADING DIAGONAL wave 1 of a bigger impulsive wave.
Looking for that wave 2 tripple three correction.
I believe ALGO is a must buy around the box area as It will be a money maker in the next 2 years.
CHR is done for this cycle, and is in the middle of a big correction to the projected consolidation area.
Clear chart with clean 5 waves to the upside. and now started with a ZZ correction that may not be as simple as I presented and may get super complex weeks later.
Looking at the weekly from an elliot wave stand point, I see a possibility of a bottom for wave 4 as the Y hit 0.786 Fib for the WXY which is more than minimum requirement.
Also using K.Channels for confluence, It bounced of the base channel which is also a possible ending for wave 4.
Wave for also hit the wave 4 likely area 0.382-0.5 retracement which is...