martinlih

CRON, Medium, 8 - 16 January Support and 5th Wave Confirmation!

Long
NASDAQ:CRON   Cronos Group Inc. Common Share
I looked once last time after utilizing the 50, 100, and 200 moving averages and adding a massive Elliot wave that encompasses months worth of price movement. The good news is that no matter how you look at it, this stock is bouncing predictably off of the upper and lower price channel and showing a general positive movement. Those 50,100, and 200 EMA's along with the historical support levels all line up to show that we are nearing the bottom of our consolidation and that the green or blue wave (4) patterns and subsequent (5) are the likely scenario during the month of January. We'll know by mid-month!

G'luck!
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.