PZU trade ideas

techpers

Powszechny Zakład Ubezpieczeń Spółka Akcyjna, also known as PZU SA is a publicly traded insurance company, a component of the WIG30 stock market index and Poland's biggest and oldest insurance company. PZU is headquartered in Warsaw and is the largest financial institution in Poland. Emerging from a consolidation zone. Bias: Buy/Long

eightmean

Irregular correction to be completed soon, then last decline wave /approx 25-26 PLN/to finish up the entire negative sequence.

eightmean

Seems to reach the top now, some decline shall appear now. Longterm upwards.

eightmean Updated 

Wave 5 to be completed in a very shaky way. Untill wave 5 negating range is reached, I am trading short.

eightmean Updated 

to finish up the correction and try decline to new low

eightmean

PZU has an ambiguous situation. A picture is worth a thousand words...