This stock has been moving sideways since it topped at 26.97 in November last year
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
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no immediate bullish pattern
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If the above count is correct, the blue wave {c} is at its late stage
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Looks like the overall structure has met the minimum requirement of completion. Although another low to finish wave (v) of {C} is still possible.
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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