Apr. 17 at 9:54 PM
$BE
Minor Wave 3 PT =
$285 🟢 Base Case
Primary Wave 5 PT =
$337 🟢 *Subject to Change*
A bit sad that this post barely got any love. So many of my followers could have made a near +100% ROI off the lows shared. No shame in joining the party late though! This name still has a solid chance of seeing much higher.
Very similar boat to
$NBIS here. May be rolling over off its Subwave 3 of Minor Wave 3 high to form a higher low before trending higher towards the MW3 PT of
$285. The targeted retracement here is ~
$189 for Subwave 4; however, this is a leader of the market and may only want as low as its rising Daily 8EMA (
$190) next week. Ideally, it comes down to the Gap Fill of
$177, near the Daily 21EMA, .5 Fib of S4, and the .5 Log Channel Pivot for entries/adds before rising for Subwave 5 to complete MW3.
The stock is prepping for a Weekly Bollinger Band squeeze higher here so I'm confident in it being able to enter price discovery and go higher in the coming months.
