Buy the shares of the correction above the level of 154.77, with the target at 165.50.
The upward thrust within the third highest wave 3 is forming. Locally the fourth correction wave of the lower level (iv) is over and the fifth wave (v) is under development. If the assumption is correct, the price will grow to the level of 165.50. The 154.77 level is critical to this scenario.
Recommendation BUY
Point of entry 158.52
Take profits 165.50
Stop the loss of 156.00
The upward thrust within the third highest wave 3 is forming. Locally the fourth correction wave of the lower level (iv) is over and the fifth wave (v) is under development. If the assumption is correct, the price will grow to the level of 165.50. The 154.77 level is critical to this scenario.
Recommendation BUY
Point of entry 158.52
Take profits 165.50
Stop the loss of 156.00
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