Approximately 892,000% in 48 years. Or 18 583% per year. Or 1548% per month. Or 67% per day. And yes it is not Bitcoin. This is a super Walmart Corporation. [symbol = "COINBASE: BTCUSD"] COINBASE: BTCUSD [/ symbol] [symbol = "NYSE: WMT"] NYSE: WMT [/ symbol]
The 3rd wave lasted 24 years and brought a huge return to its investors. Let's get to the point, what is happening now and where are we?
In our opinion, the 5th wave began to develop since the last financial crisis. In the current formation, we observe an expanding wedge, in which we have probably already passed all stages of the waves. The zone of interest is in the region 42-55 in the case of the first correctional wave A. The large divergence on the monthly chart confirms the probable beginning of the correction. Gradual decline in volumes from 2008 - 2009.
And of course, what can the company's shares grow on now? Right on buybacks. Look at the growing debt.
Total Given the current supercycle, the correction may not start tomorrow. This may take several years, keep this in mind.