UniversalMind

AQB in Elliott wave correction?

Long
UniversalMind Mis à jour   
NASDAQ:AQB   AquaBounty Technologies, Inc.
AQB seems to reach the bottom and on its way up. Look like it is in an Elliott correction wave. Even if it drops it should be back up again since it should already pass the lowest point. 4 hr RSI does not reach overbought yet. ARK Cathie bought 8M shares twice at average $5.58 & $8.75. Under these conditions the bull should be on.

If you liked this trading idea, remember to click on the Follow button, and if you agree with me, click on the Agree button. Thanks!

Be blessed!
Commentaire:
AQB seems to be oscillating between 5.69 & 6.18. Now 21EMA seems to hold the price well. Again, I think its the matter of time that it break the previous top 6.22. Then the target is 6.45 & 6.73.
If it breaks down, it better be held at 5.69. Then a triangle pattern will be formed, and it still is a good sign. If it falls down below 5.69, Let's sell it and wait it to get to the bottom (5.46?) then pick it up again.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.