Seeing Machines chart

20 Feb 2021

This share is still my favourite and my largest investment, and I am glad to see it in such a clear bull trend. I had so many options counted from the bottom, and the pictured is one of the most likely where the most impulsive move starts as a wave 1 and are finished with the subwave 3 of the wave 3 for that move. Further options are very similar just starting form the low and would include this entire move up as subwaves of the 3rd. Even if I dont account for any of the 5th wave extensions going forward the targets are well above the previous all time highs. Heading above ath is really just a blank canvas without real targets. People set it to 50p, £1 etc which are all possible fo rthe future ahead. The great thing about being in new ath, and making newer and newer ath`s is that nobody is unhappy, as there are just no losers who could possibly bought ever higher. This will push the sentiment and new investors to enter even more. I think the current setup is just ideal for any new entry here, as the sub wave 4 is finishing a possible triangle, touched the last E wave and is setting up for the 5th wave breakout.
There is just so much fundamental in this share that the potential news flow will be really continuous for this year ongoing.
I set the break of the previous ath to reach by half of the time the drop took from ath, this takes us to spring 2021. That would indicate strong bullishness to continue further upwards and extend those further impulsive waves.

I am still aiming to hold for a multibag in this year.
GLA