stromm_by_wmc

Roche: Ready for 120% Growth?

Largo
stromm_by_wmc Actualizado   
SIX_DLY:RO   ROCHE I
We're trying something with Roche here, where we think that we are currently in Wave (5), having recently completed Wave (4). This assessment is better visualized on the daily chart. Hence, we should maintain the 61.8% level for this Wave 4. Anything below would statistically be too low, while above, we aim at least to revisit the old high, up to an Wave 5 extension. This scenario would place us at a level of $552, marking a 120% increase from our entry point, with a stop-loss set at 6.5%, resulting in a risk-to-reward ratio of 18.65%, which is phenomenal if it materializes. We believe the risk-reward ratio is so favorable that we must proceed with this trade. As long as we don't fall below the invalidation zone, i.e., the level of Wave (1), we continue to anticipate that Wave 4 holds. As mentioned, it wouldn't make sense for us to fall below the 61.8% level for Wave (4), as statistically, there's little to gain beyond that point.

Operación cerrada: precio stop alcanzado:
Would have been a really good setup but we got stopped out today...
Nothing we would have changed here for a 18 RR ratio.

✅ Daily Charts (price targets & commentary)
✅ Exact setups inclusive Limit Order & Stop Loss
✅ Challenges

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