SUMMARY
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This chart of Hasbro Inc. (HAS), when labeled as is by the blue impulse waves, looks incomplete. That's because the full sequence has not been executed and so HAS years more to go on its bullish journey. Again, this is where subwave elucidation allows one to confirm the incomplete placements of the waves.
The white subwaves show that blue wave 3 is probably not yet in. White 3 is likely the temporary pause point for white 4 to carry out its minor retracement. Still, from a percentage perspective, it's a swing trade opportunity either up or down. The red ABC is likely shape out a downward wedge pattern and that'll allow the final white 5 of blue 3 to start. Give how oversold the MACD is, a red B wave bounce is highly likely as this type of tade is swing trader's target.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Can anyone be a member of this? Or there are no rules? If possible, please explain.
nice article