This stock has been moving sideways since it topped at 26.97 in November last year
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
Note
no immediate bullish patternNote
If the above count is correct, the blue wave {c} is at its late stageNote
Looks like the overall structure has met the minimum requirement of completion. Although another low to finish wave (v) of {C} is still possible.'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
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.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
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.
