very basic understanding of Elliot Wave, so any feedback would be appreciated here.
I think we are on the back end of a corrective wave and the next impulse wave will tak us to new highs by summer 2021. I am hoping that my analysis is correct here and that pps will dip to $112 ish then bounce into a very nice impulse wave 1.
buy zone: $110-115.
sell zone: $150s/160s, and buy back in after wave 2 of the impulse starts reversal.
I think we are on the back end of a corrective wave and the next impulse wave will tak us to new highs by summer 2021. I am hoping that my analysis is correct here and that pps will dip to $112 ish then bounce into a very nice impulse wave 1.
buy zone: $110-115.
sell zone: $150s/160s, and buy back in after wave 2 of the impulse starts reversal.
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There is a gap up at around $95-100, it could potentially fill that on this corrective wave.