A super clean chart.
1 leg of uptrend ended in Nov 2010 . Broad sideways Normal flat correction for 5+ years till Feb 2016.
A new uptrend started with a clean 5 waves either completed OR being completed. After which wave 2 correction should start.
Entry point is 240..levels approximately.
Strategy is to BUY the stock below 245 levels to ride the next significant uptrend.
1 leg of uptrend ended in Nov 2010 . Broad sideways Normal flat correction for 5+ years till Feb 2016.
A new uptrend started with a clean 5 waves either completed OR being completed. After which wave 2 correction should start.
Entry point is 240..levels approximately.
Strategy is to BUY the stock below 245 levels to ride the next significant uptrend.