GRAPHITE looks like Elliott WAVE formation
GRAPHITE has retraced 61.8% retracement level, then continued rally and today it has given a breakout as well, 330 or 360 could be next stop if it is extended impulsive wave it can go upto 360 level. 5th wave may end up around 400 level. it has already given box breakout target levels.
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.