25th Dec
Stock traced a slightly different course than what was expected in the last post.
It moved 138% of the previous wave up whereas I was expecting only 100% move. However it should now correct to around 50% of this last wave up before embarking on the journey to our expected higher level.
xxxxxx
An excellent fundamentally strong counter with impeccable pedigree management and in a very potent sector with great potential.
Though the stock has run up quite a lot the overall counts suggest it is in extension of 5th wave and should move in equality segments of roughly 60 pts each giving us medium term target of 289/290.
Stock traced a slightly different course than what was expected in the last post.
It moved 138% of the previous wave up whereas I was expecting only 100% move. However it should now correct to around 50% of this last wave up before embarking on the journey to our expected higher level.
xxxxxx
An excellent fundamentally strong counter with impeccable pedigree management and in a very potent sector with great potential.
Though the stock has run up quite a lot the overall counts suggest it is in extension of 5th wave and should move in equality segments of roughly 60 pts each giving us medium term target of 289/290.
Weekly chart
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