IDEA CMP 8.75
Elliott- I see 5 waves in the previous rally which is marked wave 1. The correction went down deep but has not broken the start of wave 1 hence the trend is intact.
MA - All the MA's converging is a sign that the stock is about to take direction.
Volume - Look at the volume at the bottom. This is slow accumulation.
Conclusion - if ur holding this counter continue to do so. Fresh buying I will recommend post this rally.
Elliott- I see 5 waves in the previous rally which is marked wave 1. The correction went down deep but has not broken the start of wave 1 hence the trend is intact.
MA - All the MA's converging is a sign that the stock is about to take direction.
Volume - Look at the volume at the bottom. This is slow accumulation.
Conclusion - if ur holding this counter continue to do so. Fresh buying I will recommend post this rally.
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免責事項
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