$JSEART - Argent Industrial: The Impulse Road Map
See link below for previous analysis.
Argent has had a strong run from the 2015 bottom at 302cps.
The advance is unfolding as a five wave Impulse labelled wave (1) to (5); the stock is currently in wave 5 of (3) with wave 4 having terminated at 1101cps.
Wave 5 of (3) itself looks to be unfolding as a five wave impulse that is currently in wave {iii}; wave {iii} can extend further from current levels and there is more upside potential with wave {iv} and {v} still to come to complete wave 5 of (3).
The completion of wave (3) looks likely to take the stock to new all-time highs; a correction for wave (4) followed by one last advance for wave (5) will complete the five wave sequence.
Buy the dips is the logical strategy.
Argent has had a strong run from the 2015 bottom at 302cps.
The advance is unfolding as a five wave Impulse labelled wave (1) to (5); the stock is currently in wave 5 of (3) with wave 4 having terminated at 1101cps.
Wave 5 of (3) itself looks to be unfolding as a five wave impulse that is currently in wave {iii}; wave {iii} can extend further from current levels and there is more upside potential with wave {iv} and {v} still to come to complete wave 5 of (3).
The completion of wave (3) looks likely to take the stock to new all-time highs; a correction for wave (4) followed by one last advance for wave (5) will complete the five wave sequence.
Buy the dips is the logical strategy.
