SUMMARY
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For Icahn Enterprises (IEP), the weekly chart shows a pair of fractals that have been boxed in white and blue. Can you see the similarities of the price action? Even the MACD is showing the fractal relationship. The white box contains a rise and a correction and then another rise into the blue box. The current correction is likely the one prior to the rise.
When adding the Elliott Waves, the purple impulse is the fractal impulse of the second white. It also has a good probability of tagging an all time new high also. Purple wave 2 has probably not yet started and once complete, purple 3 should onset. The MACD should dip into the purple 2 sequence and then rise to support the purple 3 which should rise very violently.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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he is not even reading shit anymore.... just posting whatever he can for whatever steem/dollar he gets... stop upvoting his shit
Doesn't matter if all his followers stop upvoting. His self upvote and rancho's (has anyone found out who this guy is...) is the only value in the upvotes. Everyone else combined is less than $10 per post.
The title says Golem GNT, but the analysis is of ICAHN.
You've been posting nonstop for days. Maybe you should get some sleep;-)
Yeah graphs are not golem
Great post and I have Upvoted you :) Fighting!
রবীন্দ্রনাথ ঠাকুরের কবিতা গুলো পড়তে আমাকে খুব মজা লাগে। আপনার পোস্টটি অনেক সুন্দর হয়েছে। ধন্যবাদ
@haejin
lol
Great post and thanks for sharing your insights!
Can you also recommend some price ranges in your analysis? Where it would be better to start positions and what would be the stop loss streategy? This might help out those who, like me, are not so much familiar still, with graphs and analysis...
Cheers from Prague ;)
@klaus85
ERROR!!, You posted ICANN chart for GNT
Thanks for analysis