SAURABHM906

SAURABHM906

Still in up trend. Wave 4 seems to be completed unless it extends to ABCDE. Also, wave 4 correction has got the support from the trend line. Ideally, it should move up from here.

SAURABHM906

GE is in wave 4 correction. It is not broken 20 weekly EMA for sometime. Entering at 20 weekly EMA (590) could be high risk reward for next move.

SAURABHM906

It seems like WXYXZ correction is over and fresh impulse started. With-in first impulse, we are in minor 5 of major1. Another possibility, is WXYXZ (W) and now ABC (X) is going. Later (Y).

SAURABHM906

Long-Term View: Based on the current chart (20 Aug 2022), the stock is in the Major #3 wave. Corona's low was Major #2. Within Major #3, Minor 1 completed, and Minor 2 correction (WXY) is going on. So far, it has not retraced 50% with W correction. Expected is to get 61.8% correction (Target 721) once it completes Y. Entry at 721 will be an excellent entry to ride...

SAURABHM906

Long-Term View: Based on the current chart (20 Aug 2022), the stock is in the Major #3 wave. Corona's low was Major #2. Within Major #3, Minor 1 completed, and Minor 2 correction (WXY) is going on. So far, it has not retraced 50% with W correction. Expected is to get 61.8% correction (Target 721) once it completes Y. Entry at 721 will be an excellent entry to...

SAURABHM906

It seems like WXYXZ correction has been completed and new impulse wave has started. Total retracement is close to 61.8% For new impulse, Completed WAVE 1 and now it is in ABC (expanded flat) correction. C is 5 wave decline in hourly chart. When C is over, fresh wave 3 will be started

SAURABHM906

Elliot wave correction pattern of Aegis Logistics. Currently I see ABC correction is going on. A was 1-2-3-4-5 correction. B is happening and expected to complete at 0.618. After B, it will be wave C correction.