Theme images by MichaelJay. Powered by Blogger.

Facebook Inc. (FB/NASD): general analysis 06 December 2019, 11:19

Facebook Inc. (FB/NASD): general analysis 06 December 2019, 11:19 Scenario Timeframe Intraday Recommendation SELL STOP ...

Dec 2, 2019

Apple Inc.: wave analysis 02 December 2019, 09:42


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 267.65
Take Profit 275.00, 285.00
Stop Loss 260.65
Key Levels 240.82, 247.51, 259.78, 275.00, 285.00
Alternative scenario
Recommendation SELL STOP
Entry Point 259.70
Take Profit 247.51, 240.82
Stop Loss 263.80
Key Levels 240.82, 247.51, 259.78, 275.00, 285.00
The trend is upward.
On the 4-hour chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming. If the assumption is correct, the price will grow to the levels of 275.00–285.00. In this scenario, critical stop loss level is 259.78.


Main scenario
Long positions will become relevant during the correction, above the level of 259.78 with the targets at 275.00–285.00. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 259.78 will let the price go down to the levels of 247.51–240.82.

No comments:
Write comments


If you are interested or have any questions - Contact us!