STMS,
Nice work on the 60 min chart.
Heres my interpretation on the daily.
Wave 4 completed with an "over throw" (i think thats what they call it) above the $32 resistance.
IMO subwave 1 of Wave 5 is completed, note that it is a 5 wave impulse downwards (and labelled as such) suggesting that the over all trend is still down.
I am now looking for a pullback to your 50% retracement mark (30.60 or there abouts) to complete wave2...a corrective 3 wave abc type move would be the simplest correction of wave1.
Further downside after that, we wont see $32+ for a while.
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Last
$41.26 |
Change
0.150(0.36%) |
Mkt cap ! $209.2B |
Open | High | Low | Value | Volume |
$41.10 | $41.53 | $41.05 | $432.9M | 10.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $41.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.27 | 1700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 41.250 |
6 | 2504 | 41.240 |
1 | 1212 | 41.230 |
1 | 2456 | 41.190 |
3 | 1144 | 41.180 |
Price($) | Vol. | No. |
---|---|---|
41.270 | 1700 | 1 |
41.290 | 8529 | 2 |
41.300 | 3063 | 3 |
41.310 | 35744 | 1 |
41.320 | 6829 | 1 |
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