Corrective downtrend wave has ended

Aggiornato
VRT is looking at a strong bullish upside after the ABC corrective wave has ended. Strong bullish break above 83.26 confirmed the upside.
Nota
Currently testing the resistance at 97.50. Dont think any major correction is likely to happen!
Nota
TRue enough, no major correction. May experience slight pullback but overall maintain a buy over the longer-term period.
Trade attivo
Reiterate my view on 20 OCt, in fact strong pump up yesterday is a sign of strong bullish sentiment, However, one may consider holding off putting new position and may consider trimming some part of the position. Continue to maintain strong buy towards 160 and beyond.
Nota
Path to 160 and beyond will take sometime. Huge trimming operation at 140. May enter into corrective phase.
Chart PatternsHarmonic PatternsTrend Analysis

Declinazione di responsabilità