A10Equity

Wish Elliott Wave Count

NASDAQ:WISH   None
As the chart currently stands, we have 5 impulsive waves to the bearish side POSSIBLY completed. 100% extension of 5 would come to $3.50, wave 5 by definition just needs to break the top of wave 3 to count, which it has. Momentum indicators tell us we are in a wave 5 overall hence bullish divergence on the RSI and Mac-d . My previous count had an expanded flat for wave 4 of 5, that broke as we have a clear 5 wave structure for wave 5. If wish is still bearish expect a retracement of 61.8% if this is wave 2 or most likely a 38.2% if this is a wave 4. If its forms a bullish structure look for waves to break above ATH.
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.