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Allegiant Air Technical Elliott

 
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carterturner
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MessagePosté le: Lun 25 Sep - 12:30 (2017)    Sujet du message: Allegiant Air Technical Elliott Répondre en citant

ALGT ended the downtrend cycle from 2015 peak which represented the 3rd wave c of a corrective Flat structure which means the stock has resumed a new cycle to the upside looking for new highs or it will be at least doing a bounce against all time highs. ALGT rallied 49% from August low before ending that cycle early this year and starting a 3 waves pullback in wave ((X)) which is reaching equal legs area at $153 – $147 where the stock should be finding buyers as long as pivot at $121 low is holding. The first target to the upside if it manage to make a move higher would be around $210 area then depending of the structure of the move we can define the next path .
Thanks

I didn't find the right solution from the Internet.

References: https://stockaholics.net/threads/the-stockaholics-chart-of-the-day


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