___|  _ \   |  |    |   |_ _|\ \     / ____|
 |     |   |  |  |    |   |  |  \ \   /  __|
 |   | |   | ___ __|  ___ |  |   \ \ /   |
\____|\___/     _|   _|  _|___|   \_/   _____| 

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Dollar Tree (DLTR): Major Correction Time!!

BY: @haejin | CREATED: May 4, 2018, 6:10 p.m. | VOTES: 291 | PAYOUT: $176.71 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png]

SUMMARY

The weekly chart of Dollar Tree (DLTR) is showing that five waves are complete (blue). Blue wave 3's subwaves are also showing a complete impulse motive. Elliott Waves states that after five waves, there is a reactionary retracement and from the looks of it, the correction has already started.
[IMAGE: https://steemitimages.com/DQmUGELXAznxjmbqN6MKXn5jHr22mFi9Jjc7rqyj216iVSi/image.png]

The MACD indicator is moveing within a broadening pattern and likely, it'll decline further to test the lower blue trend line. This will also probably pull price down into an ABC fasion or another sequence of simple or complex type. For now, the correction is shwon to retrace to only prior wave 4 of a lesser degree. However, wave 2 usually retraces 0.5 to 0.618 of prior rise. The blue five waves themselves are subwaves to a higher degree wave 1 and this correction is that higher degree wave 2.
[IMAGE: https://steemitimages.com/DQmaeJq8kJrFzNzqqvtwHRMe8cDckKLqWjkx5u7Tduu9RE4/image.png]

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?

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TAGS: [ #money ] [ #investment ] [ #stocks ] [ #equities ] [ #finance ]

Replies

@victordaniels | May 4, 2018, 6:13 p.m. | Votes: 0 | [ VOTE ]

I think from the above chat its heading for a sell!
Steem your way to power greatness and glory!
Steemit Team F1 [IMAGE: https://steemitimages.com/DQmPbD4X4KA3EisogZCt96yeKsDStjHRxUPTBN5DmVTZzCq/JPEG_20180411_161731.jpg]

@alandcosta | May 4, 2018, 6:28 p.m. | Votes: 0 | [ VOTE ]

post is incredible..my resteem @haejin

@steem881 | May 4, 2018, 6:38 p.m. | Votes: 0 | [ VOTE ]

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@steem881 | May 4, 2018, 6:43 p.m. | Votes: 0 | [ VOTE ]

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@steem881 | May 4, 2018, 6:44 p.m. | Votes: 0 | [ VOTE ]

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@steem881 | May 4, 2018, 6:45 p.m. | Votes: 0 | [ VOTE ]

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@abulhasanat | May 4, 2018, 6:46 p.m. | Votes: 0 | [ VOTE ]

Yes its good and major time for correction ..dollar correction is depend on investment..thanks for sharing this blog.

@steem881 | May 4, 2018, 6:49 p.m. | Votes: 0 | [ VOTE ]

Hi LOVE YOUR POST MAN!!! LIKE MY POST TOO!!!!! HERE IS THE LINK: https://steemit.com/bots/@abusereports/last-minute-upvote-list-2018-05-02

@steem881 | May 4, 2018, 6:50 p.m. | Votes: 0 | [ VOTE ]

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@co-paul | May 4, 2018, 7:19 p.m. | Votes: 0 | [ VOTE ]

DLTR does look like a nice short, thanx, hope you stick around and keep doing stock ticks.

@mkucukbekmez | May 4, 2018, 8:11 p.m. | Votes: 1 | [ VOTE ]

Post is wonderful.I upvoted. :)

Hey @haejin

Can you help a lot of people watch that video on my profile? It's a charity campaign.

https://steemit.com/tr/@mkucukbekmez/if-10-million-people-watch-this-video-life-village-will-be-established-en-tr-or-busy-org

@the-resistance | May 10, 2018, 6:29 p.m. | Votes: 1 | [ VOTE ]

Content deleted

@kimjongpoo | May 10, 2018, 6:29 p.m. | Votes: 4 | [ VOTE ]

@the-resistance you have been flagged for replying to @haejin the donkey. Because he fucks you, yesterday we fucked him back and took a shit ton of his rewards! [IMAGE: https://i.imgur.com/Yj4pZw0.png] You're welcome!!To reward you, here is an image of Kim Jong Un taking a poo on @haejin the toilet![IMAGE: https://steemitimages.com/0x0/https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/U5dryCvCYeLb3iqKMfqy2eYsDHVQm6i_1680x8400][IMAGE: https://steemitimages.com/0x0/https://ws4.sinaimg.cn/large/006tKfTcly1fqxk2lctlkj30dj0dlgqp.jpg]

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