Consolidation in a mega uptrend

Consolidating in wave iv of one or two lesser degrees. I have shown wave iv of two lesser degrees. Most probably a triangle is forming . We need to wait for the break out of the down sloping red trendline . The best indicator to see resolution of consolidation is daily Ichimoku chart . Buy only when gold cross of Kinko Hyo happens . Meanwhile put the stock on watchlist.

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