This IT stock is all ready to shoot

172
OFSS CMP 8724

Elliott - yet another example of how 4th waves tend to cluster together. This is the 5th wave and the last of the impulse waves. Hence expect a strong move from here.

Fib - the dip has halted at 50% of the rally which is strength.

RSI - the oscillator below the MA cross and above the bull zone is telling me its ready to take off.

Conclusion - this stock is a clear indication to me that the fall in IT is over. Every other stock that I follow is showing that it is ready to propel.

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