Loyiso_BlaqueSoros_Mpeta

$JSEARL - Astral Foods: Alternate Wave Count Calls For Recovery

JSE:ARL   ASTRAL FOODS LTD
See link below for previous analysis.

I have updated my preferred wave count and it has significant implications.

The new count shows the decline from 33519 to 11079 as a complete zig zag pattern.
Wave (A) is a impulse with distinguishable five waves.
Wave (C) is also an impulse though more simple in structure.

I am looking at the advance from 11079 to 22166 as a leading diagonal and the correction to 13176 as a zig zag, however it is possible that this correction is still unfolding.

The key level to watch for the bullish outlook is 11079 as a break below this level invalidates the bullish forecast.

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。