MRQ - chart thread !, page-1374

" MRQ is totally dominated by FA "

I always say the FA drives the ship and us TA dudes just tell the story and give you a glimpse of what could happen in the future.

Lets look at what Elliott Wave has to say.,

wave 1 ( W1 ) was created in early 2020 and it went hard, usually with such a steep climb, you will get a steep decline, hence wave 2 down ( w2 ) , as you can see that happened and now we have a gradual but methodical climb back up which forms wave 3 up, wave 3 up is considered the longest and most powerful of the motive waves up ( 1, 3 , 5 ), so wave 3 up could be 2 - 3 times the height of wave 1 up depending on the FA, currently MRQ is on a sub wave 5 up, motive 3 wave up................check that green arrow that points to that green candle today, is that the commencement of the next drive up ?

Look at the the main swing indicator RSI 14, its found a base and ready to shoot isnt it ?

The AO oscillator, I will be looking for some green bars to form.

5 & 9 ema is above the 20sma and looking like its poking its nose up............BULLISH.

All in all, I think the punters like what they see and the progression management are taking to make MRQ shine, which it is and so much news flow to come with the prize jewel lithuane in the back drop.

Nice build going on here.

BJ, you say you hold, but I dont believe a word that comes out of your mouth , just like I dont believe a word that comes out of @2ic mouth, or some of the other snakes who pretended to be LTH of MRQ.

IMO