Nathanael

YGE: Textbook Elliot Wave

Long
NYSE:YGE   None
1
This is one of my favourite stocks. Im extremely bullish on solar this year and next (as long as we entire market as a whole holds up) We are currently on a bullish wave 3, but we have become extremely overbought in the short term, we also bounced off the 50% fib from the previous bullish trend. I expect a fallback to 6, then a decent wave 5 up. I don't have a clear idea of where wave 5 will end, but if we punch through the 0.618 fib, and previous residence around 7.00, I expect a very long, wave 5 upward. I eventually expect a full retracement to $9.00 this year.
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.