Technical analysis by ExcitedTraderNic about Symbol VELO: Buy recommendation (8/19/2024)
https://sahmeto.com/message/2551002
ExcitedTraderNic
Rank: 6271
Analytical Power:
1.6
Wave 2 retraces 78.6% to the downside, setting up for an explosive Wave 3 targeting the 1.618 Fibonacci extension. This count suggests strong bullish momentum ahead, with key Fib levels guiding potential reversals.
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$0.0049Price at Publish Time:
$0.012111