Below are the multiple patterns observed :
1. Starting the larger wave 3 of 5 waves.
2. Major multi year trendline support
3. Fibonnaci retracement correction complete at weekly charts.
4. Pattern of consolidation for x years and multiplies by 3 times(Arriving a long term target of 600)
5. Start with a minimum target of 240 in 3-6 months as per fibonacci retracement completion and add @ 270 , 340 for longer targets.
Observations are purely technical and have nothing to do with Fundamentals.
1. Starting the larger wave 3 of 5 waves.
2. Major multi year trendline support
3. Fibonnaci retracement correction complete at weekly charts.
4. Pattern of consolidation for x years and multiplies by 3 times(Arriving a long term target of 600)
5. Start with a minimum target of 240 in 3-6 months as per fibonacci retracement completion and add @ 270 , 340 for longer targets.
Observations are purely technical and have nothing to do with Fundamentals.