Technical analysis by CryptoTonton about Symbol STX: Buy recommendation (8/18/2024)

This graph portrays STX's *logarithmic* path in WEEKLY. I've added its textbook Elliot Wave pattern to illustrate even more what it's apparently doing. It fits amazingly well inside that parallel channel, with an pixel-perfect bounce at the end of wave 4. Apparently, we have only to wait pattern continuation to uncharted new hights at the end of that wave 5. What will the top number be? I dont know, I'll leave that to the experts. Maybe Fibbonacci will tell us? Please, don not hesitate to share your thougts. Peace