Hi Traders,
Clear motive wave pattern spotted on LOTUS daily chart.
We are looking for opportunity to trade with wave 5.
Waiting for clear buying setup for entry point.
Happy trading.
8th Jul, MYX:LOTUS was lifted from PN17, price soared up and beat highest high since 2011.
Pullback next day possibly due to profit taking and doji pattern the next day indicate indecisiveness.
OBV still looking good last 2 days pullback was minor. It looks good for a rebound.