#Premarket Elliot Symmetry After 100 MA Bounce by curtmelonopoly on TradingView.com

Currently trading at 32.30 in premarket, up 1.57%

After price established an anchor-point at its 100 MA (green arrow) for this Elliot wave , each impulse has been testing the following:
1. All-time highs at (1), which were subsequently broken, for a bear-run
2. 200 MA at (2) and (4)
3. Reversal at neck-line on (3), corresponding to a pivot off price at its 20 MA

Observations:
Overhead resistance at the 100 MA (~32.75)
MACD hasn’t pinched yet

Fundamentals:
https://finance.yahoo.com/news/dicks-stop-selling-assault-style-130343515.html?.tsrc=rss

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For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact