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**SUMMARY**

**Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: [https://youtu.be/No4frLOz3UE](https://youtu.be/No4frLOz3UE)**

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

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If one had purchased at the bottom of blue wave 2 and held to wave 5; ignoring the wiggles and squigles that often spook the weak hands, Autozone (AZO) would have delivered MASSIVE profits! However, after five waves, a requisite correction is a must and that has started.

![](https://steemitimages.com/DQmRJdzKF883p71NKvcazuQeUfmPTgge3w3xZReU85zvb3P/image.png)

One corrective price pathway is shown in the below chart. The red ABCDE could trace out the symmetrical triangle pattern. This would certainly take quite a bit of time to complete. 
![](https://steemitimages.com/DQme5amz3j8fnP2GPGRN6efAoEj63nYjMpnvzUggsf5jfB2/image.png)



The more probable corrective pathway could be an ABC sequence. The subwaves of red C are shown in blue and likely wave 1 is complete and 2 is in progress. Is it possible that the red A wave itself suffice as the whole correction? Yes, but it would be took quick and V necky.
![](https://steemitimages.com/DQmPj2a4mszqJgKPNrxeTfrJWpRZSJqaAqexGgJHgzr5NnQ/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. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

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