Supposingly GRN market is in evolving downward C in 4th wave structure. Lowest acceptable level is 6.43 pln. Expected range is 8-8.5 PLN.
Grodno shall improve and the price increase to close 30' levels.
There is an ambigouos situation in Grodno chart. We are in most probable 4th wave correction wchich tend to be complex ones. If the correction is over now, we shall see some serious inclice in following days, otherwise C wave is yet to come and bottom shall be on lower boundary. Nevertheless afterwarda we are expecting new ATH on Grodno stocks
I assume a minor drop in price as a finish of 4th wave /lower greenish square/ and then a serious rally up to 40's PLN level.
Rising sequence is fullfilling gradually, another rallies on the way.
21 lub 22 zejście do 13 PLN, następnie bull run do 17-18 i nastąpi stabilizacja w czwartej fali.
waiting for a price to move above upper channel boundary. Next stop would be III/(C)/(5) level.
So far evolution of rally from the March 20'. Expecting some upward movement soon.
if new trend is evolving , now we ar in a best upward segment. (3) level to be reached.