A correction might not occur, so we position ourselves for the continuation of the movement with a wide stop, but with a high probability of movement in the 5th wave
AFYA Limited is a Brazilian company that provides educational services in the medical and healthcare industry.
Continuation of growth towards the 262.52 area and higher within wave C of 3 of the diagonal. The growth will be canceled if the price consolidates below the accumulation zone of 210-214
For now, I see the primary scenario as an EDT (Ending Diagonal Triangle), where a break of the local low is inevitable. What fits within the corrective movement of BTC
The growth potential here is limited — we're approaching the end of the ending diagonal. After that, I expect a significant correction. Whether it will be a correction of the entire impulse or an extension of the final fifth subwaves will depend on the depth and duration of the anticipated pullback.
Within the initial diagonal triangle, we're looking for a long in wave 5.
A short can be considered in wave C, which is completing the larger triangle, but only if we take into account that wave E of the triangle hasn’t already ended earlier
Within wave D of a symmetrical triangle, I'm looking for a long in wave E.
A scenario with a symmetrical triangle in wave B of a downward zigzag.
Within the framework of an initial diagonal, I'm looking for a short in wave 4. Today, the final US GDP data for Q2 was released. The US economy grew by 3.0% year-over-year in Q2 2024, in line with the second estimate and above the revised 1.6% growth in Q1. This is a significant positive for the markets, as the main fear for investors right now is a recession....
We’re grabbing liquidity from the local low. Next, we follow the scenario with an ending diagona
The S&P 500 is showing a stair-step upward movement, primarily rebounding during non-active U.S. trading sessions. Key factors to watch: - The market tends to recover when the U.S. session is closed, and corrects slightly when it reopens. This is due to residual selling pressure from retail investors during active hours. - Strong resistance is seen around 5400...
The bottom is likely in, and we’re seeing a rebound. There might be one more test of the lows on lower volumes. Currently, put options are being closed out. As a result, market makers are covering shorts, which allows the market to rebound. There’s also a rumor about an unscheduled Fed meeting and a potential rate hike with added market liquidity. Whether this...
Yesterday, the market experienced a strong wave of sell-offs due to continued selling of hedges after expiration and negative reports from Tesla and Google. However, the overall investor consensus remains bullish. Additionally, positive US GDP data was released today, indicating that economic growth remains strong. Under current conditions, this data will not...
TESLA wxy correction completion in wave 2 SL146 tp1 220 tp2 open
In December, the Chinese government released draft new regulations aimed at curbing excessive spending and time wasting in video games. Shares of the industry's biggest players: NetEase and Tencent, which generate 100% and 50% of their operating profit from video games, fell slightly on the news, but were bought back. Firstly, this is still a draft document and is...