TARGET has more room to the downside, reversal zone identified
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can see multiple distribution ranges following both schematic 1 and schematic 2 for Wyckoff's distribution.
If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
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