Hi friends,
Came across a nice pattern chart ,United bank i keep writing few posts which
are dedicated to inspiring traders,Investors to learn technical analysis and wave analysis.
Let me put the chart to see the pattern.
This is weekly chart ,From the
chart we can see a big ABC
correction unfolded in last
3 years ,Interesting relation
between waves can be seen
A=C(almost)thats an interesting
observation,And the stock
has reversed towards upside
,Now this stock is a buy in dips
it would target first 46 above
that 55 and once trend line resistance is taken it can double quite fast towards 100,Buy this
stock and hold for next 6 months at least to get good reward.
Regards
Rish
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