Saturday, February 18, 2017

>Granules elliottwave

Hi friends,
                  weekend post is granules ,The pharma as a whole is not the flavor right now,Who knows the sector can surprise soon.
I am posting weekly chart of granules the waves are so clear,The impulse started after 2008 carnage is still on with 5th wave pending.
The stock witnessed multi year 3rd wave and right now consolidating in a probable 4th wave triangle 
after which the pending 5th wave can take stock towards 200+ levels.A trader should make a position above 148 which points that the triangle has been overpowered and a smooth move towards target could come.As a investor the stock should be bought in dips .


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