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Trading , Stocks

"So What Does 5 Tell Us?”

by Editorial Staff
Updated: January 05, 2022

As an Elliott wave trader, you can divide all price action into two categories: 5-wave impulses and 3-wave corrections. Simple? Yes -- and also effective when you need to determine the trend. Watch our Trader's Classroom editor, Jeffrey Kennedy, walk you through a chart of Lululemon Athletica (LULU) to show you how he does it.

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