$NESN Nestle might be near reversal after correction
In the chart, two Elliott waves are shown - one impulse followed by an ABC.
The C wave is right at the 1.618 Fib extension so this could be a price at which it finds support and starts to reverse up to begin a new impulse wave.
The C wave is right at the 1.618 Fib extension so this could be a price at which it finds support and starts to reverse up to begin a new impulse wave.
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