Loyiso_BlaqueSoros_Mpeta

$JSEART - Argent: Stock On The Move Again

Long
JSE:ART   ARGENT INDUSTRIAL LTD
See link below for previous analysis.

Argent stock is tracing out a textbook impulse move.
From the wave 4 low of 1101, the stock looks to have completed the first two waves of wave 5 of (3).
The third waves of any degree tend to be strong so I am looking at a powerful move towards 2000 cps from current levels.

A break below 1101 cps will invalidate this outlook.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.