stock makes the first high on 26th september 2016,
lower high on 8th jan 2018,
second lower high on 1st april 2019,
breaks out of resistance trend line on 4th jan 2021,
hits cycle point on 4th March 2021 to complete the 1st elliot wave,
starts an ABC second wave of correction and completes the same when it lands back on the resistance trend line (retesting) on 23rd august 21,
Stock presently in the 3rd wave, which is called the money wave.....
HOLD PATIENTLY......to reap maximum gains....
I have drawn the pitchfork to guide us in the possible trajectory of future price action....
Stock will hit the UML os the pitchfork which can be the first target...
lower high on 8th jan 2018,
second lower high on 1st april 2019,
breaks out of resistance trend line on 4th jan 2021,
hits cycle point on 4th March 2021 to complete the 1st elliot wave,
starts an ABC second wave of correction and completes the same when it lands back on the resistance trend line (retesting) on 23rd august 21,
Stock presently in the 3rd wave, which is called the money wave.....
HOLD PATIENTLY......to reap maximum gains....
I have drawn the pitchfork to guide us in the possible trajectory of future price action....
Stock will hit the UML os the pitchfork which can be the first target...