$SBAC Pattern Identified and Target

$SBAC is developing a well-know chart pattern. The successful completion of this pattern targets the price noted on the chart.

SBAC


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I Believe $SBAC Should Find Support Soon Here

In this tweet, I thought the pullback toward the end of August on $SBAC was the onset of minor (green 4) but it went on to make an additional high, though we’ve now ended up with a more complicated move since then, so I was fairly close on that. This move so far is composed of three swings so may be ending soon, though it has the potential to restest the green EMA as well before, as I believe it will, advancing again towards the target range for intermediate (orange) 3.

SBAC


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.