Globus Spirits Wave Counting and Next Targets 1700 and 2350!
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Here is why we are super bullish on Globus Spirits:
1. This stock has corrected deeply from the top (61.8% Fib).
2. Falling wedge pattern (proper buying angle).
3. Hidden bullish divergence.
4. Wave analysis: The stock has completed Waves A and B, and is now ready for Wave C.
5. Ichimoku turning positive.
We see great risk-to-reward in this stock. It has the potential to hit our targets and could rally even further.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
1. This stock has corrected deeply from the top (61.8% Fib).
2. Falling wedge pattern (proper buying angle).
3. Hidden bullish divergence.
4. Wave analysis: The stock has completed Waves A and B, and is now ready for Wave C.
5. Ichimoku turning positive.
We see great risk-to-reward in this stock. It has the potential to hit our targets and could rally even further.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Nota
The corrective-rise C wave will have 5 moves - 12345, and each of these 5 moves will have its own subwaves. Initially, this will be time-consuming, but once Globus Spirits enters wave 3 of the 3rd wave, we will see a sharp upmove in the coming months.
Penafian
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