$JSETRU - Truworths: Is This The Start Of A Medium-Term Bull Run
The last analysis on Truworths was on 14.06.2023 and indeed the bottom proved to be in at 4682, link below.
Truworths has taken off like a rocket with very shallow corrections.
The corrective pattern from August 2021 to May 2023 is a running flat characterized by:
Wave B terminating beyond the origin of wave A.
Wave C terminating above the terminal point of wave A.
The strength of the move could be sign that the bulls are back and after a 21 month bear correction, this could be the beginning of a significant medium-term bull run.
Buy the dips.
Truworths has taken off like a rocket with very shallow corrections.
The corrective pattern from August 2021 to May 2023 is a running flat characterized by:
Wave B terminating beyond the origin of wave A.
Wave C terminating above the terminal point of wave A.
The strength of the move could be sign that the bulls are back and after a 21 month bear correction, this could be the beginning of a significant medium-term bull run.
Buy the dips.
