Disclaimer/
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses./ (There are more doubts than usual right now)/ It is also interesting that companies with a smaller capitalization have a greater chance to"shoot". In this case, the shot can be as large as 2000%.(unlikely)(Do not forget that the Moscow stock exchange has a limit on the growth of 40%, but the London stock exchange, it seems, does not)
As you can see, the graph shows 3 options:
1) The 3rd wave has started(The most improbable)
2) Continuation of the correction, taking into account the fact that there will now be a correction to this correction. (The most preferred option, since it converges with my plans for gold, etc.)
3) Continuation of the correction
Information
The company's shares are included in the FTSE 250 index calculation and Gold Mining on the FTSE
The company's shares as of August 2020 were distributed as follows:
Yuzhuralzoloto Group-24.34%
Prosperity Capital Management Limited – 11,59%
Everest Alliance Limited (CABS Platform Limited) – 6.44%
Russian Welfare Fund – 6.10%
Slevin LLC — 3.85%
Societe Generale SA – 0,47%
Bonum Capital – 2,98%
