PI INDUSTRIES good to buy?The daily chart of PI INDUSTRIES shows that the stock is in wave 4 of an impulse.
Wave 3 is a terminal impulse in this case as it is less than 161.8% (see fib extension in green).
And as per the rule, wave 4 of any terminal impulse can overlap with wave 1. Also, wave 4 can retrace to 50%.
We hav