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trader53

08/03/20 10:02 AM

#33535 RE: trader53 #32650

OPTI - Cup-with-Handle Play: Targets



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* The Market is a "Forward-Looking Mechanism"

* Traders move the Price of the stock Down
6-to-9 months in advance,

to a Price Level that is seen as,
a "Point of Maximum Opportunity"
and "Fairly Valued".






Chart Patterns

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns

Cup with Handle (Continuation)

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation

http://stockcharts.com
http://thepatternsite.com/cup.html
http://thestockbandit.com/cup-handle/




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Embedded Annotated Chart




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trader53

08/03/20 10:05 AM

#33537 RE: trader53 #32650

OPTI - Targets $0.060 / $0.12 / $0.16


How Targets are Calculated

Fibonacci Numbers and Retrace Targets: Explained




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Fibonacci Numbers

http://www.stockta.com/cgi-bin/school.pl?page=fib

Fibonacci Retracements

* Golden 61.8% Retracements

* Moderate 38.2% Retracements

* Common 38.2% Retracements


Fibonacci Retracements

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen


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Fibonacci Numbers
are commonly used in Technical Analysis
with or without a knowledge of Elliot Wave Analysis
to determine potential support, resistance,
and price objectives.

The most popular Fibonacci Retracements are
61.8% and 38.2%



61.8% retracements
imply a new trend is establishing itself.

38.2% retracements
usually imply that the prior trend will continue

38.2% retracements
are considered natural retracements in a healthy trend.

Fibonacci Retracements
can be applied after a decline
to forecast the length of a counter-trend bounce.


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The 50% retracement is not based on a Fibonacci number.
Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.

50% retracement
implies indecision.

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Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691










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Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts







________________________________________________________________



Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts






________________________________________________________________



Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Embedded and Live! Chart










________________________________________________________________



Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts







________________________________________________________________



Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts






________________________________________________________________



Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts




________________________________________________________________


Buy after an Elliott Wave 5-Wave Decline

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156562691







Live! Charts




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