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Fast movers are stocks that are about to stage powerful directional moves of 50%+ within a short period of time of 12 months or less. As the chart above suggests, this stock is about to top and then collapse to the tune of 50%+ within 3-4 months.
Time Target: A 4.5-year up composite cycle arrives on July 2nd, 2024.
Price Target: $335 (+/- $12)
Projected Move: The time cycle decomposition for XXXX shows that there is going to be a top to bottom fast move approximately from early July to mid of October of 2024.
Our long-term calculations show that the recent high for XXXX makes no mathematical sense. On the other hand, in terms of TIME, it is well within the variance of the upcoming composite cycle. We are currently looking at a higher price target of approximately $335 +/- $12. A stop loss should be set at $350.
Our calculations show that XXXX will decline about 50% to $190 +/- $7 or lower. As soon as the top is confirmed by our software an updated and more accurate bottom target can be calculated.
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