porden

Its the matter of how you count

porden Diupdate   
OMXSTO:AZN   ASTRAZENECA PLC
I originally counted the waves like this, and there was no divergence on RSI or MACD
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But if I count like this, there is divergence everywhere, and its compatible with Elliot rules on both count
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But counting it this way I just can't see five internal wave structure for the fifth wave, no matter how deep I go in timeframes
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Maybe like this?
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regardless, I think its the play for AMZN right now, then once the target is reached, shorting it.

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