long term going above $180+ uptrend still in tact buy the dips

looking for another breakout set up on jpm, from a c wave buy.. buy zones $119, $143 is breakout level... but im a buyer of the dips on jpm for the long term. Notice the continuation of the upward trend (seen in the parallel channel) you can then count 2 sets of Elliott waves (which can be argued against) ..There are multiple time frames such as the 1hr, 30mi, and the 4hr time. what starts on smaller time frames leads to bigger times frames until there is an invalidation.. the uptrend is not invalidated as of yet..a breakout above 143 sets up the weekly and monthly time frame breakouts, which of course takes longer...

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from when price was $115, following the Ad principle and money flow. currently on target to meet the then projected target of $143.. todays price is $132

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need to get above $142

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possible rejection w/ sp500 and spx retracing from my technical analysis... A rejection at 143-142 along w/ the market downturn this week sets up a bearish head and shoulders. I believe it turns down retest the neckline near 119.57 will need to wait to confirm breakdown.. Im a buyer back at 120.000 , taking profits and looking to buy back lower

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تعليق:

close above $143 is breakout set up to $170