tomj2417
Long

SXS - more upside for this UK stock

LSE:SXS   SPECTRIS PLC ORD 5P
53 views
3
Wave 4's are notorious for morphing into more complex corrections (perhaps a flat in this instance) but assuming that wave 4 has in fact finished at the 50% fib retracement then I reckon this stock could still see some decent upside. My target for a completion of wave 5 is somewhat arbitrary but I have seen plenty finish at the 78.6 fib extension.

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