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Capra

GLEN - Potential Formation

Long
GLENCORE PLC ORD USD0.01 (LSE:GLEN)  
Capra  
LSE:GLEN   GLENCORE PLC ORD USD0.01
Harmonic Patterns Wave Analysis
4
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harmonicpatterns waveanalysis
Looking at the daily chart we have two interesting formations that could indicate a short term upswing. Indicators also seem to be slightly diverging to price.
We have a potential 'Wolfe Wave' and Cypher pattern. Wolfe wave price target of around 420 with projection time being Ex-Div date. The cypher target would be 395.
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