50 WEMA (Weekly Exponential Moving Average) could give some bounce upside holding as support/ Once Stock crosses above 816 as confirmation level, It will zoom to 865 & 1000+ Targets in few weeks / months ahead.
A Good Portfolio Stock to be checked.
A fractal is a never-ending pattern repeating a simple process or pattern over and over again at the same degree or higher degree.
7th Oct 2021
Smaller Triangle or Penultimate Wave was seen & published on 7th Oct 2021- "Can Bulls Bounce Back? - The Irregular Triangle"
Can that fractal repeat again? Yes. The Answer is certainly positive because as...
WaveCount
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• 1-2 -3 -4 (Running Currently) - 5th Wave Expected Upside.
• 4th Wave
o Unfolding as Triangle having last leg - "e" wave close to end.
o 4th Wave Triangles are "penultimate wave" means it is 2nd last wave & one more wave left in the structure which started from the lows of 1473 on 23rd / 25th March2020.
• 5th...
As suggested in last idea - 1st Sep 2020 mentioned below, we look for upside move for 2200 if holds above 2060. Went below & retested 2047-C(Wave Low) & Bounced Hard Upside from 2044 levels.
Usually, Penultimate waves forming triangular correction are the last waves as suggested by Wave Gurus . Let us see what happens next?...
