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tempertrade
May 17, 2020 11:26 AM

Seeing Machines cycle and pivot dates Long

SEEING MACHINES LTD ORD NPV (DI)LSE

Description

This is a macro overview on SEE cycles and how the time of C waves correspond to the following A waves in a trend change. Note that the end of a correction should take always longer than the following impulses. Considering this last ABC move and the very sharp drop in the C wave the new A wave should be shorter and reach the previous C top in a shorter timeframe. Therefore the next 3 weeks are a very important zone for SEE to confirm the next bull cycle.
By the 8th of June as an important pivot date it should confirm and beat the previous high of 5.7p
Fundamentally it is all in the books, we all see an increased volume and an impulsive wave1/2 in place - setting up for a wave 3 in the next days.
We also know there is something else that pushes the price avg for June above that 6p mark.
SEE is way undervalued and is buy!
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