30 min candles show a breakout in the last part of Friday, Jan 5 session of the Klinger Oscillator after its bullish crossover, as well as a breakout of the OBV bull flag pattern that had been formed outside the overall wedge. Price action has yet to break out of two simultaneous wedges that are converging. Notes on chart detail this, as well as give the targets and a rough candle estimation of what this leg could look like if it follows form I have been successful using, which is a rough mixture of sorts of both Elliot Wave and Fibonacci Extensions melded together.
ความคิดเห็น
⋅
First price target achieved today with HOD at 5.30.
Excellent analysis, very impressive, thank you for sharing. Keep Up the good work :)
UnknownUnicorn1314136
⋅
@Yiotoula, Thank you, and you're welcome. IMO this is an excellent buying opportunity being given at the moment. In my opinion, within a few months, 6 max, this is a double digit stock. Best of luck!