Technical analysis by Andy1GP about Symbol MOVR: Buy recommendation (12/8/2024)

Using a new chart to simply see where MOVR could go this cycle.Base Idea is that recession will ensue post Trump inauguration and that will send all markets into turmoil.Timeframe Feb 2025With this in mind I don't see a NEW ATH for MOVR but a new cycle high for sure.Idea's posted on chart using simple EWT with primary and alternate ideas. Red being my conservative take and I've positioned accordinglyPeak targets from $115-$170 with the alternate idea reaching upwards of $200