On average, 90% of all stocks move down with the market, and 75% - up. The wave principle applies to some extent to individual stocks, but counting waves for them is often confusing and has little practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses
That counts not even valid already, you’ve broken rules
svmiddle
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I had the same question concerning your thoughts on $198
ktaba
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BA is not going that low. You’re wasting your time, but good luck though! Lol
mailman252
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Why do you think BA will go to 198???
loco_mango
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@mailman252, @svmiddle, I think so because wave C has to be 1*A or 0.618*A(Very rare case) or 1.618*A(which is impossible since the 4th wave can not cross the highest level of 1st wave). The 215 level came from smaller wave analysis with the same arguments. In general, I prefer a bigger analysis and as such, I said that 198 is more preferable but I also proposed the ladder stile, because of this uncertainty.