$RKT - RC -
Added 2023-12-20 13:23:39 +0000 UTCReally good example of an ABC corrective wave moving sideways for 2023 to August, with Wave C finishing high, and as we know, when this happens, it is followed by 5 waves down.....this has formed perfectly on the chart and counted in red.
After Red Wave 5 completed it broke aggressively to the upside after posting a very strong beat on earnings, EPS jumped by 100%.
So we can see here that the formations and counts were aligning with the earnings release date....all they needed was a positive beat and the price jumped from $7 to $14 yesterday in 7 weeks.
This can eventually move up to the second target once it holds support on the first target at $14.30
Comments
Which stock is your favorite long Next months with highest upside potential at the moment?
Chris
2023-12-20 13:34:59 +0000 UTC
