“Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for.” - Epicurus
This wisdom and more learnings in today’s Friday Five!
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Vedanta - Recovered very well
> Dragon Fly Doji
> Breakout Retest
> Took support at 21 WEMA
SL 335 WCB, T 450-475..
Safe players can enter above 390 DCB levels..There is high probability that it will touch its 2010 high of 490 levels..
#stocks#metals#investing#ElliotWave
This is awesome!
A startup in India 🇮🇳 is making these sneakers (a $70 billion market) are made of garbage (12 plastic bottles and handful of trash bags). And for $110, they will be shipped anywhere in the world.
@Thaely_inc
@Macro_Maniac_@prashant280294@GurleenKaur_19@piyushchaudhry@HenrikZeberg my 2 cents - we can keep subdividing. if we did have a 1-2-1-2 - then what you get next is a series of 3rds - and a series of 5ths. For me immediate pivot 16200-400. Weekly pivot 15600. I dont know about a 4th yet - ride it as long as you can !!
@GurleenKaur_19@Macro_Maniac_ Wedges are a triangle variant - looks like a running triangle imo. This is a good risk reward trade to take given the break of the trendline- typically the best slingshot /thrust from a triangle happens if the price comes back to test the line and then pushes higher.
@GurleenKaur_19@Macro_Maniac_ Triangles are treacherous ; however this looks good imo holding 1700-1720. Likely onset of 5th wave from Mar 20 bottom. Deeper 4th adds to conviction - should easily take out previous highs as long as 61.8/76.4 retraces holds.
@AkshayChinchal4@Macro_Maniac_@piyushchaudhry @RajarshitaS @BissaGauravB@tathastoo@meandmarkets@pawan_ng Favor a flat scenario ; currently in Wave C. Invalidation 73.60. Does coincide with wave 1 top in 1-2-1-2 scenario. Close above 74.40 to indicate start of wave 5. weekly close below 73.50 damages the construct significantly. Captured this leg lower well :)