CAREPLS UPDATE - UPTREND MOVEMENTS ON THE WAY
I have published my idea on Carepls prediction movements on Nov 24th 2020, and predict the stock price will slowly crawl back to around 4.34 or higher.
Carepls ends up with the correction of triple three wave structures of w-x-y-z (refer to the chart), rather than double three w-x-y correction (based on my earlier published idea). This ends the wave B correction.
The reverse uptrend movement is on the way. This might take an impulse uptrend (1-2-3-4-5), or could form into more complex upward corrections (A-B-C or W-X-Y). However the target remains the same. Once the targets met, the further downtrend consolidation is expected.
Can consider long on this reverse uptrend movement.
Happy trading.
Carepls ends up with the correction of triple three wave structures of w-x-y-z (refer to the chart), rather than double three w-x-y correction (based on my earlier published idea). This ends the wave B correction.
The reverse uptrend movement is on the way. This might take an impulse uptrend (1-2-3-4-5), or could form into more complex upward corrections (A-B-C or W-X-Y). However the target remains the same. Once the targets met, the further downtrend consolidation is expected.
Can consider long on this reverse uptrend movement.
Happy trading.