JD.com broke the minor trend lines and is heading towards the long term trendline. This level is also enforced by prior highs/lows that acted as pívot points.
If broken, I would expect to extend the final of the third Elliot leg to the 63$ area, then back test the broken trendline, and then attack the ATH again.
Please let me know your thoughts!
If broken, I would expect to extend the final of the third Elliot leg to the 63$ area, then back test the broken trendline, and then attack the ATH again.
Please let me know your thoughts!
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