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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (18395)3/30/2024 6:54:41 PM
From: Kirk ©  Read Replies (1) | Respond to of 26440
 
Thanks. There are sure a lot of rules to keep track of!

I looked up ewave cheat sheet.... and it looks like a small booklet!
elliottwavemonitor.com

Here is my chart with the flag without a pole since I'm not sure I like it but worth noting for me to watch.




To: #Breeze who wrote (18395)10/21/2024 1:20:56 PM
From: Kirk ©1 Recommendation

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  Read Replies (1) | Respond to of 26440
 
Any new thoughts on GEHC?
Message #18395 from #Breeze at 3/30/2024 1:49:51 PM

Kirk, here's a GEHC Daily Chart with Wave Count. It's possible that Wave c of iv ended at 87.70. If so then the abc pullback was a running flat. Very bullish. If true then Wave v of (iii) is in play with a revised target of 105.20. The Bollinger bands are pinching (not shown on chart) which a change in direction ahead. Note the RSI bounced off the zero line. Next week will tell. Breeze


Potential double top or continuation/inverse H&S tested from above or ...?

I have a coin flip for the first two choices... but lean with the bulls as the decline filled the big Feb. gap.

TIA