Breakout Wave 3

Oct 31, 2024

Synbiotic left the long downtrend and formed a Wave 1 already. After a slight backdrop (Wave2) to 6,5 €, i asssume we might see Wave 3 breakout soon

Oct 31, 2024

Note

Also to add is a positive market development in 2024, which adds to the trend change and Wave 3 theory

Nov 15, 2024

Trade active

Since 5. September, Synbiotic is forming a falling wedge, with a rising bottom support. The Chart is narrowing down and about to decide, which direction of breakout it will be. Since a falling wedge is a bullish pattern and the fundamental data points aso into the bullish direction i assume, we will see the course prognose above, latest until 29. November (Tip of the wedge)