MC_TraderUK

Has Sainsburys #SBRY found a bottom?

Long
LSE:SBRY   SAINSBURY (J) PLC ORD 28 4/7P
From using Elliot Wave and Fibonacci tools I believe I have found a Long entry point for Sainsburys. Todays candle has bounced right off the 1.618 fib. Let me know what you guys think.