jagadishkumar12

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Markets Allocation
67 % stocks 33 % forex
Top Mentioned Symbols
EURJPY 33% | 1 BABA 33% | 1 AAPL 33% | 1
jagadishkumar12 jagadishkumar12 BABA, 120, Long ,
BABA: ALIBABA (BABA) has a short term potential to go up
244 2 7
BABA, 120 Long
ALIBABA (BABA) has a short term potential to go up

ALIBABA has progressed in impulsive 5 wave fashion and is retracing on a 3 wave decline with wave (c) as a potential ending diagonal. * Wave c of B ending diagonal * RSI divergence (typical for ending diagonals) * Retracement close to 0.618 (typical for wave 2 / B) * Price has potential to move upwards in the coming sessions north of 94

jagadishkumar12 jagadishkumar12 EURJPY, 240, Long ,
EURJPY: EUR/JPY looking at more upside
51 0 0
EURJPY, 240 Long
EUR/JPY looking at more upside

EUR/JPY is holding the channel well and is looking to break out of a triangle consolidation in a possible C move of a ZigZag. The equal legs measure at appx 144 so there is some good upside potential if the channel continues to hold

jagadishkumar12 jagadishkumar12 AAPL, W, Long ,
AAPL: AAPL looking at 150 in coming months
167 0 1
AAPL, W Long
AAPL looking at 150 in coming months

AAPL weekly has a clean elliott wave channel with a wave 3 extension and and triangle 4 which should break higher in the next two months. Expected to reach around 150 if wave 1 should be appx equal to wave 5

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