GINNIFILA: Cup & Handle Pattern with Elliot 3rd wave to start ?
GINNIFILA seems in a cup & handle pattern since June 2017.
Higher timeframes MACD looks good.
On daily timeframe we can see breakout of Resistance trendline with Good Volume.
Elliot wave: Looks it has complete wave 1 & 2, and 3rd wave is in progress on weekly & monthly timeframes.
My entry price is around: 33.
Stop Loss: 26.
Conservative Target = 110.
Aggresive Target = 140.
Higher timeframes MACD looks good.
On daily timeframe we can see breakout of Resistance trendline with Good Volume.
Elliot wave: Looks it has complete wave 1 & 2, and 3rd wave is in progress on weekly & monthly timeframes.
My entry price is around: 33.
Stop Loss: 26.
Conservative Target = 110.
Aggresive Target = 140.
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