15th Aug
Here is the internal wave count in daily chart.
ABC move was over at 2264 but there was no buying interest at that level indicating this was only a part (wave A) and now the stock is in corrective wave up (wave B). This should take the stock near 2500 minimum.
2nd Aug
MCDOWELL-N higher degree wave counts are
Super Cycle III
Cycle 4 running
Looks heading to 2000 as Wave 4 generally corrects up to 38.2% of Wave 3. Though internal counts of the current wave will decide exact termination of Wave 4 and initiation of wave 5.
Here is the internal wave count in daily chart.
ABC move was over at 2264 but there was no buying interest at that level indicating this was only a part (wave A) and now the stock is in corrective wave up (wave B). This should take the stock near 2500 minimum.
2nd Aug
MCDOWELL-N higher degree wave counts are
Super Cycle III
Cycle 4 running
Looks heading to 2000 as Wave 4 generally corrects up to 38.2% of Wave 3. Though internal counts of the current wave will decide exact termination of Wave 4 and initiation of wave 5.
No comments:
Post a Comment