Formation of an impulsive wave having 4th wave already completed. Currently the stock is trading in the 5th wave which is expected to be completed in the zone of 35-34. The idea will be invalidated if the stock sustained above the level of 86 till then it is sell on rise candidate.
Komentar
⋅
Komentar
⋅
the recent lows didn't break, suggesting the wave 4 still pending for completion. Expected to complete in the region of 85-90 zone.