SamSuka
The Long Investor
The Long Investor

patreon


$HOOD

Really nice chart here from $HOOD, the ABC pull back finished nicely on the 0.5 Fib and held support at $36.

Since then there has been the start of a new impulse wave, with a series of higher highs and higher lows and moving in 5 counts so far.

Wave 5 looks to complete at the 50 Day MA and the 2.618 Fib at $47, after which we expect an ABC pull back, we need to see a higher low here next, once this is achieved then we can expect $HOOD to move higher again and even move up to the top blue line at $66 again.

Once Wave 5 competes I can add in the pull back levels.

$HOOD

Comments

On the timeframes hes talking I think yes

TommyJR

has waved five completed yet

Zoheb Khan


More Creators