A great example of a breakdown from an Ending Diagonal. Four days ago when the stock was $315 I forecasted: “From the Elliott Waves perspective, it looks like the stock is caught between the rock and hard place and is expected to lose about 60-65% of its cap in the nearest future”.
Today the stock hit $126 or 60% off the price 4 days ago.
The initial forecast was charted in October 2021.
Elliott Wave theory is Art!
The call on February 20:
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