Satış
DGC Leading Contracting Diagonal?
Does anyone have an opinion on DGC and my analysis?
DGC looks to have completed a major corrective wave from 2011 to end of 2013. Since then its been forming what looks like a leading, contracting diagonal (Wave 1 of a new major wave). I'm still quite new to EWT, but my understanding is that the corrective wave after a contracting leading diagonal can be quite deep - 61.8 or 76.4 retracement of the preceding wave. If that's the case then DGC is set to drop by ~50%. Hard to believe given gold and gold stocks have been battered so badly for the last 4 years...
Am I missing something?
DGC looks to have completed a major corrective wave from 2011 to end of 2013. Since then its been forming what looks like a leading, contracting diagonal (Wave 1 of a new major wave). I'm still quite new to EWT, but my understanding is that the corrective wave after a contracting leading diagonal can be quite deep - 61.8 or 76.4 retracement of the preceding wave. If that's the case then DGC is set to drop by ~50%. Hard to believe given gold and gold stocks have been battered so badly for the last 4 years...
Am I missing something?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.