Lennar Corporation (LEN): Elliott Wave Nested 1,2 Setup

in money •  6 months ago


Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: https://www.youtube.com/watch?v=32l40SNYOp4

As of June 4, ALL Crypto Analysis will be posted on the BitcoinLive channel and Steemit will be dedicated for Equity, Commodity and Options Analysis. To Signup for the BitcoinLive limited Founding Membership slots, use this link: https://get.bitcoin.live/haejin/


Here is an example of what's called a nested 1,2 setup. Note how the initial ramp up in five (white) is almost being mimicked by the blue impulse sequence. However, the blue is of a lesser degree of trend than the white. So, how exactly does this become a nested 1,2?

The purple cycle degree of trend shows that 1 and 2 are complete. The subwaves of purple 3 are shown in white. The lesser degree of trend white 1,2 are nested within the higher degree of trend purpled 1,2. White wave 2 of purple 3 is a correction that is currently in progress and once complete, white wave 3 would bring about all time new highs.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Informative posts about crypto analysis @haejin and thanks for useful links

12, 12?


I thought it was extended 5th at big 1st wave up.

I always wonder if you ever use a bidbot, or post promotion on your posts, thanks for your contribution on this steem blockchain, hoping for more from you. @haejin