CLOV is exiting the pitchfork and curling round the 1.618 ABC fib that appears to have completed a higher degree WXY.
RSI lowest ever and plenty of bullish divergence.
Having had both an explosive move up and a reflective collapse down, this could get very interesting... 🐂
Not advice.
RSI lowest ever and plenty of bullish divergence.
Having had both an explosive move up and a reflective collapse down, this could get very interesting... 🐂
Not advice.
Note
Pump today is probably wyckoff accumulation "Spring." See CLVS I drew a similar chart for details or look it up. Price needs to close above the 1.618 fib on a significant time frame to really confirm the reversal, but drifting sideways it is exiting the pitchfork - it looks like the reversal is on.Note
Incorrect fibs on this chart I think, needed longer range fibs. I'll make a another chart when seems a good moment. Many names are going to reach fibs even I wasn't anywhere near bearish enough on a few months ago.
Note
It'll bounce sometime.....
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.