Channel at work again
The scrip faced resistance at
- 50% retracement of the earlier 5 wave down move
- near 4th wave of the 5-wave leg
- Channel's upper end.
Is this stock ready to touch the lower end of the channel - which may coincide with larger 4th wave ??
Let's see how this develops....
- 50% retracement of the earlier 5 wave down move
- near 4th wave of the 5-wave leg
- Channel's upper end.
Is this stock ready to touch the lower end of the channel - which may coincide with larger 4th wave ??
Let's see how this develops....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.