Surpringly many of Market hypothesis works , but when it works its works in its own strange way
We have been Experiencing the Wave Theory hypothesis in our lives with Grate understanding and results
it does mean that we also experience Grate failure due to complexity of wave theory which i will Explain in another time
This stock we found interesting with grate amount of Negative sentiments when it fell to 150.20 ,
Majority of the time Market makes turnaround when there is bad News , and it did in this stock case also , Fundamentals ware bad and banking Indutry was in
grate risk of collapse ,
I also believe market makers use this kind of opportunity to accumulate the stocks only to Push in the direction of their intrest
I am attaching a chart of my previous post hope you will find it interesting and Knowledgeable
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