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Capra
Mar 2, 2017 8:32 AM

KGF - Buy - Wolfe Wave Long

KINGFISHER ORD GBP0.157142857LSE

Description

Here we have another Wolfe wave (been a few cropping up lately) with a price projection of 377, a 15% increase from current levels. Personally I will be looking for an entry @ 225 with stops below recent low, alternatively waiting for a break with a close from falling wedge would be another point of entry.

Comment

Correction, will be looking for entry @325
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