SAP: Not Even Half Done with Bull Rage

in money •  7 years ago 

SUMMARY

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SAP is still in the midst of a wave 3 up! The white wave 3 is about half complete and after white wave 4 correction, wave 5 should bring in much higher highs. What fundamental news or event might be attributed to this? I don't know, but news or events shall arrive to justify the forecast and never the reverse.

The subwaves of white wave 3 are shown in blue. Pretty much blue wave 3 has likely topped and blue wave 4 is in progress as shown by red ABC. Note also how price is traveling within a well defined channel and that is a strong attribute of an impulse.

Closeup of the correction shows that red A and B are completed. A subdivides in fives and the B has the requisite abc three subwaves. Red C subwaves are always in five as shown by the white labels. The C down will seem scary to many but to those who are aware of the longer term count and trend, it could represent a buying opporrtunity.

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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Great analysis good detailed post about bitcoin and its worth nice work you done for us its knowledgeable post appreciation is you right

excellent analysis difficult to understand for people who do not handle the issue, but for those who live this well explained and well-founded. congratulations great article

Wow I'm typically new to this. Any help @haejin?

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