DASH Analysis: Extended 5th & Wedge & Chanel
SUMMARY
DASH is sporting a spear straight extended wave 5. This means that the correction could go towards the prior wave 2. That's about 20% below current levels. The wedge pattern breakout is leading to a lower low; targeting that wave 2 zone. Current price activity is confined with parallel lines and channeling.
The subwaves show that the wedge breaksdown into abcde that are complete. The channel can also be labeled as abcde and the last e wave seems to be in progress. The prior wave 2 zone is at around $253 and E wave could complete around there.
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Complete analysis of the trend lines, but do not trust, you can not always predict, although I thank you for publishing this information, it is very useful as a guide and it will save me time. Thank you.
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Nice clean analysis
¡Hola @Haejin! Gracias por el analisis, un fuerte abrazo