In this video we discuss REGN and ACRS, our two most recent wave setups in Stock Waves, as well as earnings plays GM and YUMC, crypto mining stock BTBT, and additional charts to watch HPE, ITW and GRPO.
REGN, posted by Zac, pulled back off the high made last month, and is setting up for further upside whether it's the start to wave 3 or filling out wave v of the larger wave 1. We're also continuing to like the longer-degree potential as the primary 5th wave filling out off the low made in 2019.
ACRS, which I posted today, has good risk versus reward for attempting a long entry here, setting a stop underneath the August low and looking for price to head up to 46.50 as the ideal target for that wave v of 5.
GRPO is just about to reach the confluence of Fibonacci support between the .382 retrace of wave 3 and the measured move for wave c as compared to the size of wave a, getting to a point where probabilities starting to favor a bottom being attempted.
View the video below for detail.
I am incredibly happy to have discovered this community, it is giving me support/resistances and risk managed patterns to trade. 8th consecutive month in green in 2022, without stress !!! Avi you taught me 100% of my trading by being crystal clear, always honest and providing alternatives. many thanks"Sylvain" - Trading Room 2022-09-03
I’m convinced, EW theory is THE best way to approach markets for investing/trading. Whether you’re scalping micro moves, day trading swing trading or long term investing, EW always has you covered. Most people have a lens or a way they view the market but how consistent over time is it? For myself I like fractals and have made life changing trades off them. But as my trading days add up [and] the value of EW becomes clearer, especially when coupled with fib #s, I have to give credit to you Avi for this!"bullhammer" - Trading Room 2022-05-05
Love this community! If you have a mindset to learn, this place is a gold mine.""FletchFFletch" - Trading Room" - 2021-05-07
Unparalleled value...can't even imagine trying to trade without this service.""GoodLuckChuck" - Trading Room" - 2021-05-05
I cannot imagine a better value for the money out there than what you provide. Nothing even close to your product."Falcon16" - Trading Room 2022-05-12
In about twenty years learning in the markets the most gifted, talented person in the world, regarding markets analysis, I've encountered is Avi Gilburt""FALLACY_NAVIGATOR" - Trading Room" - 2021-04-30
Your team are the best traders & analysts. truly a world class trading site.""MambaMentality" - Trading Room" - 2021-03-04
"Avi, your fib ratios have been an absolute game changer for me....Being able to confidently map out the story and outline is truly amazing.""Brett G" - Twitter 2022-01-02
Love this community. Best analysts anywhere, and so many terrific experienced members who are generous enough to share their thoughts and trades. . . None of us can control the market, but this site provides more confidence via the counts and suggested stops. Appreciate you all! Absolute rock stars!""WildWestie" - Trading Room" - 2021-05-19
I love this site. You’ve changed my life. Thank you so much for all that you do!""Dee19" - Trading Room" - 2021-05-07