It's been a while since I last posted a chart, so I thought I'd share with you a chart that I have been keeping my eye on with XLM!
I am not overly convinced of this exact Elliot Wave count, but there are a couple of things to note (IMO):
1. As specified here, I have labelled the end of the Y-wave as a truncated finish "e", which opens the door for the obvious "Leading Diagonal"!
2. While some may have an issue with the long-winded a,b,c,d,e - Y wave, I am also showing the Glenn Neely "Neutral Triangle" as a back-up to the idea that it may be possible!
3. The "Running Flat" is also identified here as well...which may lead to an explosive move coming soon!
***So to summarize these ideas, the truncated wave e of Y is bullish, which led into a choppy, surging leading diagonal in order to get out of the long-winded bottoming pattern, and now (potentially) finishing
a running flat, which is also bullish... as I add up some of these moves, it has some merit! Again, this is more of an idea that I have been watching.
As for a potential target, I am looking for a move to, at least, $2.80.
Cheers!
I am not overly convinced of this exact Elliot Wave count, but there are a couple of things to note (IMO):
1. As specified here, I have labelled the end of the Y-wave as a truncated finish "e", which opens the door for the obvious "Leading Diagonal"!
2. While some may have an issue with the long-winded a,b,c,d,e - Y wave, I am also showing the Glenn Neely "Neutral Triangle" as a back-up to the idea that it may be possible!
3. The "Running Flat" is also identified here as well...which may lead to an explosive move coming soon!
***So to summarize these ideas, the truncated wave e of Y is bullish, which led into a choppy, surging leading diagonal in order to get out of the long-winded bottoming pattern, and now (potentially) finishing
a running flat, which is also bullish... as I add up some of these moves, it has some merit! Again, this is more of an idea that I have been watching.
As for a potential target, I am looking for a move to, at least, $2.80.
Cheers!
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.
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.
