My Analysis:
1) As per Elliot Wave Principle, Wave 2(Zig Zag Pattern{ABC}) of Stratis has already retraced to 78.6% of Wave 1. Wave C is 78.6% of Wave A.
2) As per Gann Fan Analysis, Stratis has reached the lowest support(8/1) of the First cycle. Expecting a solid jump.
3) I can also see Bullish Divergence in MACD indicator.
Conclusion: Expecting Wave 3 to dig in which would be the strongest wave.
Disclaimer: Invest at your own risk.
Regards
Rob
1) As per Elliot Wave Principle, Wave 2(Zig Zag Pattern{ABC}) of Stratis has already retraced to 78.6% of Wave 1. Wave C is 78.6% of Wave A.
2) As per Gann Fan Analysis, Stratis has reached the lowest support(8/1) of the First cycle. Expecting a solid jump.
3) I can also see Bullish Divergence in MACD indicator.
Conclusion: Expecting Wave 3 to dig in which would be the strongest wave.
Disclaimer: Invest at your own risk.
Regards
Rob