Stck has completed cycle degree wave 1 in Nov 14 and went into sideways correction for almost 3 years now..The correction can be described in three phases, at the start it was expanding till Aug 15..after that there was a phase of contraction till Few 2016...From there on it has formed a contracting traingle till sept 2016...Now after 3 years stock doing nothing in terms of price should break upwards to start the cycle degree 3rd wave...
Comment:
Pennar Broke out of the triangle..
