$TMDX
Added 2024-09-13 13:01:14 +0000 UTC$TMDX moving very well within our Wave 4 projection and coming back up to test the 50 Day MA from below
A rejection here or before the previous high and there should be a one final leg down to complete Wave 4 as standard on the 0.38 Fib at $123
I can only see 2 waves right now and as always for a corrective wave, (Wave 2 and Wave 4) we want to see 3 waves in order for this to move higher to complete Wave 5 after Wave 4 is complete.
Comments
Good stuff!! Love this call back in September. I trimmed a lot on that bounce back up to $170. Unfortunately, have been adding way too quickly on the way down. Good lesson though.
Trading Chairman
2024-10-21 21:09:29 +0000 UTCSupport is not confirmed now for me, would need a clear hold and a series of higher highs and higher lows next week
Gareth Neary
2024-10-21 20:16:32 +0000 UTCHey Cap this JUST took a tiny peak under the .382 (because it had to tap the 200SMA...). Love to know your thoughts. How much confirmation do you look for? Good spot to add?
Trading Chairman
2024-10-21 20:13:08 +0000 UTC
