Elliot wave-3 beginning in Clean Science and Technology.

已更新
ELLIOT WAVE COUNT FOR CLEAN SCIENCE AND TECHNOLOGY

SINCE IT'S LISTING IS HAS BEEN CORRECTING AND RESPECTING DOWN SLOPING TRENDLINE WHICH GOT BROKEN INDICATING CHANGE IN TREND.

IT SEEMS LIKE WAVE 3 HAS BEGAN AFTER LOOKING AT TODAYS PRICE MOVEMENT.

WAVE 3 TGT OF 161.8% WAVE 1 EXTENTION IS COMING AT 3088.WAVE 2 HAS ONLY RETRACED WAVE 1 BY 38.2% INDICATING WE MIGHT GET EXTENTION IN WAVE 3.

ONE CAN GET LONG AT CURRENT LEVEL OR ANY DIP TOWARDS 2071 WITH A STOP OF 1940 ON CLOSING BASIS WITH TARGET OF 3088 AS PER ELLIOT WAVE.

DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.

I may or may not trade this analysis
注释
快照

Attaching weekly chart in continuation of above post.

On weekly time frame it seems like wave 3 has already begun,expecting this wave 3 to be extended we are getting price target of 3399.So far we have seen reversal on candle stick which is confirmed by raising volume.Keep riding the trend.
注释
快照

seems like intermediate 3 is sub dividing in 5 minor waves.In this minor degree we are currently in wave 2 which can end near 2300-2310 level.One should look to accumalate this stock in the above mentioned zone as it is minor wave 1 50% retracement and minute wave A 100% extention price confluence area along with 0-2 trendline support at same level.

We need reversal candle along with price crossing 5 day ema along with RSI oversold/divergence reading in order to initiate long trade.
注释
快照

Price has reached near lower channel support line along with confluencing Wave A 123% extention and 61.8% wave 1 retracement zone of 2209-2226.Look for reversal candle on 1 hourly chart and go long once this reversal candle's high is taken out
Elliott WaveParallel Channel

免责声明