CONSOFINVT looks bullish
CONSOFINVT (Consolidated Finve) looks bullish on monthly, weekly and daily time frames. The price oscillated between 25 to 100 price range for over 15 years. It broke the resistance of 100 recently with fair volume and retested the level. Based on its retracement, it looks like 2nd wave retraced 0.65% and crawled up for the 3rd wave. As per Elliot wave analysis, if it is a 3rd wave, we can see 1.618 levels (380) soon. RSI is above 60 for monthly, weekly and daily. It would be a good buy if it retraces from the 190 level. It would be a good bet for the investors.
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