electricalTuna1995

Crayon Long - Fibonacci x Elliot Wave

Long
OSL:CRAYN   CRAYON GROUP HOLDING ASA
Crayon looks to have entered a bullish pattern closely resembling the elliot wave theory. Support and resistance levels fit well with what is expected to see in a fibonacci and elliot wave combination. RSI shows the stock has not been this underbought since March. Support at 105 and price target is set to about 184 in January. If Crayon falls through the 105 support line, next support is expected to appear at 94 NOK.
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