1 leg of uptrend ended in Nov 2010 . Broad sideways Normal 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.
The form of the 4th wave..doesnot look apt..."b" waves should be time consuming..and 5th should be swift... I continue to stick with my label as primary..and below is the alternate view..i have
The end of "a" where i have in my week chart..becomes the 2nd and then 3rd has started..
Going with previous count, ending diagonal in 5th wave
Dear Sir....dont think its an ending diagonal...what if its a leading diagonal as 3.1 ? :)