it is still in corrective mode
Divis Lab CMP 5977
Elliott- The iiird wave of C should start from here. The minimum tgt for it is 5535. They generally the strongest and sharpest moves.
RSI - the oscillator has reached the bear zone at this rally and is confirming the weakness.
Conclusion - its a good short in my view. Good news is it is a bullish corrective pattern.
Elliott- The iiird wave of C should start from here. The minimum tgt for it is 5535. They generally the strongest and sharpest moves.
RSI - the oscillator has reached the bear zone at this rally and is confirming the weakness.
Conclusion - its a good short in my view. Good news is it is a bullish corrective pattern.
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