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Re: Rockleo post# 214007

Thursday, 08/18/2022 9:14:33 PM

Thursday, August 18, 2022 9:14:33 PM

Post# of 232336
Golden Cross is when the 50 day ma crosses above the 200 day ma. Some use Simple some use Expodential, I use Simple.
Predicting the next measured move is subjective. There are resistance areas but whether they are taken out is a measure of the strength. Elliott Wave suggests 5 wave moves. Using that analysis the first wave was from .23 to 1.30. We are in corrective wave 2 now from 1.30 to ? (.72 thus far). I believe the 3rd wave (which is the strongest) will be in the mid 2's minimum. Imho. You can see by this chart that in the 2020 move that wave 3 went from .80 to 4.00.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p30710054605&a=1223382617&listNum=1
Gltal

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