Get started
tomj2417

Calling (another!) top in this UK investment trust

Long
SCOTTISH MORTGAGE INV TRUST ORD GBP0.05 (LSE:SMT)  
tomj2417  
LSE:SMT   SCOTTISH MORTGAGE INV TRUST ORD GBP0.05
Wave Analysis
4
0
waveanalysis
A while back I unsuccessfully called a top in this global equity investment trust and it replied by steaming higher. I'm having another go here at calling a top of a wave 3 that, according to this analysis, began back in 2008. However, I think there may well be more upside before any major correction as highlighted on the chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.