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OUST Long View with Elliot Wave Analysis
I have been following Oust for few years and I have made very successful trades over the last year with few trades during the big swings.
I will start my EW analysis starting with the color coding to follow the EW easily. Blue is Primary counting, Yellow is Intermediate counting and Green is Minor Counting.
Starting from 26th of Apr. 2023, which is the start of Primary wave 1, which I believe was completed on 16th of Jul. 2024 as shown. Then, I believe that we recently completed Primary wave 2 correction on 25th of Sep. 2024.
If my counting is correct then we just started Primary wave 3 which could take us potentially to $20-22 but it is too early to predict.
Now, zooming in on the coming few days and weeks, I believe that we are forming Intermediate wave 1 of wave 3, and we are now at Minor Wave 4, which is not confirmed yet that it is completed. Minor wave 5 could potentially be between $9-9.5.
I will start my EW analysis starting with the color coding to follow the EW easily. Blue is Primary counting, Yellow is Intermediate counting and Green is Minor Counting.
Starting from 26th of Apr. 2023, which is the start of Primary wave 1, which I believe was completed on 16th of Jul. 2024 as shown. Then, I believe that we recently completed Primary wave 2 correction on 25th of Sep. 2024.
If my counting is correct then we just started Primary wave 3 which could take us potentially to $20-22 but it is too early to predict.
Now, zooming in on the coming few days and weeks, I believe that we are forming Intermediate wave 1 of wave 3, and we are now at Minor Wave 4, which is not confirmed yet that it is completed. Minor wave 5 could potentially be between $9-9.5.
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