After a good correction, we might see a major move prior to next earnings surprise Mai 6th... Wykhoff target of 31-33 might be in reach .
Oh Lord. Give us a sign and let the bears disappear ....
Be careful in the PM Complex. Barrick Gold needs to reach the 50 Reagion.
We seem to have the 20 Region as the short term Target, but staying bullish till 50-55 Region.
We see a completion of an inverse H&S Motif on the breakout of a longer term Resistance... Short Term Target 34 and longer term 44 (average Analyst's Target). I would say : THAT's really bullish now.
21 Region this week & maybe further on till 13-15 . Options Structure does not really look that good
The average 1 Year Price Traget is 108 % (44 Eur) and the Wykhoff Price Target around 550 % .
Maybe 27 reachable, but rather go short till before next earnings...
a nice 3 drives pattern with another price explosion on feb. 5th. when earnings come... major correction afterwards coming.
Watchout for the Options Chain of this week. We should see a major move till Thursday with a correction back to 16 by Friday.
6000 till next Summer should be in, and follows long term Trend...
Seems to be a classical motif... A clear long till middle of November.
Watchout for the Oct. 20th Option Chain ! 20 seem to be reasonable as initial target.
From the Whykhoffian view Target range is 45-50 EUR and from Elliot View nest Stop should be 25 Region. Good luck in Trading
From the Wykhoff View this could be a once in a lifetime Chance. Accumulate as much as you can. Target above 100 !!!
Whatever the Katalysator will be, we might see 35-36 really soon.
Afterwards back to rally mode and 17 as Targer for 6th Sept. 19 for 13th Sept...
Deja Vue... 70% in a few months should be possible.