I found this stock last week and it was in good shape and i was waiting for a confirmation and today it locked in UC.
cmp 12.8 and i expect this stock to double from here in the next 1 year. Based on my analysis it might achieve the expected level well soon. But still having 1 year period will help in case it develops any time consuming correcting patterns.
Currently stock has started its wave3 in monthly chart so I feel every dip in daily charts could be excellent opportunities to accumulate. This is not buy call. But this is just knowledge sharing
1.618% for wave 3=18.5 high probability
2.618% for wave 3=25 high probability
if wave 3 misses to achieve 25 then wave 5 will achieve this 25.
And in the longrun this stock might head towards 140. But at the moment it is better to focus on 18.5 /25 levels and then correction. That correction will give idea about further expectation.
I will add the chart when time permits.
cmp 12.8 and i expect this stock to double from here in the next 1 year. Based on my analysis it might achieve the expected level well soon. But still having 1 year period will help in case it develops any time consuming correcting patterns.
Currently stock has started its wave3 in monthly chart so I feel every dip in daily charts could be excellent opportunities to accumulate. This is not buy call. But this is just knowledge sharing
1.618% for wave 3=18.5 high probability
2.618% for wave 3=25 high probability
if wave 3 misses to achieve 25 then wave 5 will achieve this 25.
And in the longrun this stock might head towards 140. But at the moment it is better to focus on 18.5 /25 levels and then correction. That correction will give idea about further expectation.
I will add the chart when time permits.