Massive double Top 2010. Fall. Relentless Rally from 1/2012.
Symmetric Triangle(ish) Consolidation.
5 waves Wolfe, potential.
RSI brake_down from overbought levels.
MACD crossOver.
Earnings are getting worst at each progressive turning point,
with subsequent smaller reactionary waves.
5th wave choppy, so could expect a choppy reaction. (?) in the form of abc correction.
Target_1 : 148.24
Target_2 : 145.77
Target_3 : 135 - 130 ( :) )
Symmetric Triangle(ish) Consolidation.
5 waves Wolfe, potential.
RSI brake_down from overbought levels.
MACD crossOver.
Earnings are getting worst at each progressive turning point,
with subsequent smaller reactionary waves.
5th wave choppy, so could expect a choppy reaction. (?) in the form of abc correction.
Target_1 : 148.24
Target_2 : 145.77
Target_3 : 135 - 130 ( :) )
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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.