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Kabeldon
May 10, 2021 6:06 AM

IRIS finishing primary correction soon, turning back to impulse? Long

IRISITY ABSTO

Description

Hi. In this 1D chart I've done a retracement of intermediate Elliott waves and charted the primary waves. I've concluded that a primary correction wave is about to finish.

Symbol NASDAQ:SCWX has a similar sector, product and an almost equal Enterprise Value.

It's current price is 13.22 $ or 110 SEK.
I value IRIS at around the same price.

Thank you. Please if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods.

This does not constitute financial advice.
Any prices, even if explicitly stated, are presented with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
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