to make it simple, using weekly chart and we see a C bounce up to around $54 in the next 6 weeks. However, the monthly 30 EMA is seating on $52.60 this month, don't expect the C bounce back over this.
so, to make this short
Long now, target $52.60 or less in 6 weeks.
so, to make this short
Long now, target $52.60 or less in 6 weeks.
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in details, the A, 6 weeks, the B, 5 weeks(3+3), and the final C, expect another 6 weeks end on week of Oct 16
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About Monthly chart update, expecting the 30 EMA on monthly chart, the $52.60 will be the next HUGE resistance and plz don't expect the C will runs though it.
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Correction: 6 weeks is Oct 9 :)
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Last week we see high on $52.8, where hits my target within my time frame.
am looking as the correction, and will create new view or update idea later.
am looking as the correction, and will create new view or update idea later.
Trade fechado: objetivo atingido