M has been following elliott wave nicely. Wave-3 was almost 1.62 of wave-1 which is very typical of a stock. With that, as the wave-4 is forming, I am presenting an idea that can lead to ~20% gains during next few days:Entry: $8.4-8.00
TP1: $10.8-11.2
What do you think about this idea? Leave your comments below.
Have a great weekend!
Disclaimer: This is not a financial advise. Please make your independent decisions while making an investment.
Not
Wave-3 carried on until $10.46, this should conclude wave-4 entry zone at $8.83 - 8.32. I am anticipating wave-5 to shoot above $11. Will share updated chart as wave-4 concludes.
İşlem aktif
Not
Updated chart: ![[Update 10-Jun] $M expected to go higher to $11 in wave-5](https://s3.tradingview.com/l/LKKq6Ixz_mid.png)
İşlem elle kapatılmış
Market went below the trend line which invalidates this setup.
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.