Saturday, October 21, 2017

>Star Wave analysis

Hi Friends,
                   Went through Star chart pattern looks interesting.Lets expand the chart,The stock has not performed much in the recent pharma rally.

The above chart shows the stock is in correction mode since start of 2016.We can see w and x is done and y is on the pattern is still in making though a good small long trade looks set.
As long as stock holds 830 a retest of 924 and even 990+ is possible .A good level to enter can be 860-855.Keep this stock on radar for long term reversal too.