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This analysis approach is quite good. More importantly, $ROCK has already accumulated at about half price since that tweet was posted.
From a trend perspective, ROCK is now at a delicate point. The fifth wave of the small-scale Wolfe wave has already completed, and once the trigger conditions are met, it may activate a larger wedge breakout. The appearance of this pattern often indicates that the upcoming volatility will be very interesting. The key is to confirm the trigger conditions and whether the support level can be maintained.
If the support level can't hold, the wedge breakout will become a joke.
Let's wait until it actually triggers before making any judgments. Don't be fooled by the pattern.
Why do I feel like analysts all love this method? No matter how it moves, they can fit it into a wave.
Can ROCK rally this time? I'm not confident.
The fifty percent off price is cheap, but there's a reason it's cheap.