TradingView
moneyjeff1
Mar 15, 2024 11:17 AM
Ready for a big move.
LSE:FRES
1D
FRESNILLO PLC ORD USD0.50
LSE
Description
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Mar 15, 2024 11:17 AM
looks like it’s either completed an Ending Diagonal in a 5th wave or it needs one more move down for its completion.
Either way, with the massive negative divergence shown in the RSI, it looks ready for a big move up.
Wave Analysis
Elliott Wave
Chart Patterns
Comments
SureshAbraham
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Mar 26, 2024 8:09 AM
This is spot on I think, the time to buy is now.
moneyjeff1
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Mar 27, 2024 10:17 AM
@SureshAbraham
, It looks close to bottom, but it might need another low. The divergence on the RSI is very impressive!
SureshAbraham
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Mar 27, 2024 2:54 PM
@moneyjeff1
, Shall we call it Text Book Divergence pattern ;)
FrenchRock
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Mar 18, 2024 10:55 AM
Agree, Lets see what happpens.. Bottom should be in (hopefully)
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