IONEXCHANG: Long-Term Wave Pick
IONEXCHANG has constructed an impulsive formation where wave c of wave 4 occurred at 322.1. Wave C has travelled 78.6% of wave A, which is less than the common extension. If the price breaks out of the strong resistance at 406, traders can look to long for the following targets: 500 – 580 – 709+. Targets may extend up to all-time highs once strength is confirmed.
Unlock This ArticleFORCEMOT Cup & Handle Setup Near Breakout Zone
On the daily timeframe, FORCEMOT has formed a clear Cup & Handle pattern, showing long-term accumulation. The neckline zone around 21,900 – 22,000 has been tested multiple times, confirming strong resistance. The handle shows controlled consolidation, indicating sellers are getting exhausted, not aggressive. A decisive breakout above the neckline with volume would confirm pattern validity. The projected upside targets are 25400 – 28900 – 33125+, based on cup depth projection.
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