Globus Spirits Wave Counting and Next Targets 1700 and 2350!
Here is why we are super bullish on Globus Spirits:
1. This stock has corrected deeply from the top (61.8% Fib).
2. Falling wedge pattern (proper buying angle).
3. Hidden bullish divergence.
4. Wave analysis: The stock has completed Waves A and B, and is now ready for Wave C.
5. Ichimoku turning positive.
We see great risk-to-reward in this stock. It has the potential to hit our targets and could rally even further.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
1. This stock has corrected deeply from the top (61.8% Fib).
2. Falling wedge pattern (proper buying angle).
3. Hidden bullish divergence.
4. Wave analysis: The stock has completed Waves A and B, and is now ready for Wave C.
5. Ichimoku turning positive.
We see great risk-to-reward in this stock. It has the potential to hit our targets and could rally even further.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Note
The corrective-rise C wave will have 5 moves - 12345, and each of these 5 moves will have its own subwaves. Initially, this will be time-consuming, but once Globus Spirits enters wave 3 of the 3rd wave, we will see a sharp upmove in the coming months.
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.
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.