Hello Traders!
WAVES moved up from the $11.65 - $18.00 accumulation range
At the moment we see a deep correction of growth and a retest of the upper bound of the consolidation range, the level of $18.00
We can look for purchases in the range of $16.40 - $20.00
It is safe to place the stop loss near the price level of $14.25
The profit taking targets will be the following price levels
$27,54
$32,00
$37,50
$40,80
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
WAVES moved up from the $11.65 - $18.00 accumulation range
At the moment we see a deep correction of growth and a retest of the upper bound of the consolidation range, the level of $18.00
We can look for purchases in the range of $16.40 - $20.00
It is safe to place the stop loss near the price level of $14.25
The profit taking targets will be the following price levels
$27,54
$32,00
$37,50
$40,80
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice