On a high timeframe, the stock is impulsing. However, on a low timeframe, it is correcting. These corrective waves are indicated by the X wave (WXY) followed by an ABC wave. What comes next will either be an impulse wave or extended correction.
Even though these corrective waves are going upwards, they are not impulsive. An impulse wave is much faster, stronger and straighter. The good news is that the stock is bullish on the back of a positive earnings report. This means the next wave will likely be an impulse wave, but we can never be too sure with such an unpredictable market.
Even though these corrective waves are going upwards, they are not impulsive. An impulse wave is much faster, stronger and straighter. The good news is that the stock is bullish on the back of a positive earnings report. This means the next wave will likely be an impulse wave, but we can never be too sure with such an unpredictable market.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.