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  • Print - Value Wave Stocks: Parent Category: Category: Created On 22 April 2020 Written by Rohit Srivastava

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    sachin
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    If M&M closes up today, it may have completed a wave B downward retracement of more than 50% from its previous high. Drawing a parallel channel suggests the stock could rise to 440, while measuring the size of wave C equal to wave A points to a high of 470. Today's low of 320 would then serve as an important swing low on the hourly chart. The author seeks others' views on this analysis of M&M's stock price movement.

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    If M&M closes up today, it may have completed a wave B downward retracement of more than 50% from its previous high. Drawing a parallel channel suggests the stock could rise to 440, while measuring the size of wave C equal to wave A points to a high of 470. Today's low of 320 would then serve as an important swing low on the hourly chart. The author seeks others' views on this analysis of M&M's stock price movement.

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    13 views2 pages

    Print - Value Wave Stocks: Parent Category: Category: Created On 22 April 2020 Written by Rohit Srivastava

    Uploaded by

    sachin
    If M&M closes up today, it may have completed a wave B downward retracement of more than 50% from its previous high. Drawing a parallel channel suggests the stock could rise to 440, while measuring the size of wave C equal to wave A points to a high of 470. Today's low of 320 would then serve as an important swing low on the hourly chart. The author seeks others' views on this analysis of M&M's stock price movement.

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    M&M

    Parent Category: Value Wave Category: Stocks Created on 22 April 2020 Written by Rohit Srivastava | Print |

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    If M&M closes up today then we may have completed wave B down with the literal more than 50%
    retracement. If you draw parallel channel it goes up to 440, and if we measure wave C = A = 470. Today's
    low at 320 then becomes an important swing low. This is an Hourly chart.
    What do you think?
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