SUI printed a great weekly candle that will be closing today above the weekly pivot point with RSI trying to flip bullishly.Price found support at 0.5 Fibonacci retracement and High Volume Node.
Wave 4 penetrated wave 1 which we potentially have a ending or leading diagonal Elliot Wave count limiting the potential upside with my current terminal target being around $10-13. Wave 4 could also actually be another wave 2 which would give us ridiculous targets but this is my preferred count for now.
Safe trading
PhD Cand: Investing, Sentiment & Social Mood, MSc Financial Econ
Technical Analyst 8 years, Trader/Investor 15 years
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Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
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PhD Cand: Investing, Sentiment & Social Mood, MSc Financial Econ
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.