$HOOD - PERFECT IMPULSE WAVE - LESSON
Added 2024-06-17 14:48:38 +0000 UTC$HOOD has given us the perfect impulse wave.
Wave 2 held between the 0.5 - 0.618 Fib
Wave 3 was the longest impulse wave
Wave 4 held the 0.38 Fib and
Wave 5 ran to between the 2 Fib and 2.618 Fib levels
This is as perfect as they come and a very good example of EWT to learn from.
Now what we want to see is the perfect ABC correction, so I have added in the white Fib levels to start, we can already see that a pull back has started, a move down to the 50 Day MA ar $19.30 should help this potential Wave A now.
$HOOD between $16 and $14 would certainly attract me as a buyer.
Comments
can you give update on this chart?
Parth Shah
2024-07-09 00:55:13 +0000 UTCso once it hits wave 5, it has to drop?
AL
2024-06-17 16:06:20 +0000 UTCThis was a nice profit! Thank you!
MK
2024-06-17 15:23:10 +0000 UTC
