ADRO - 30 Oct 2022
I'm using Eliott wave theory to try see where we are right now. and currently my view is we are on the way to correction 4, before another rally to 5.
lower target 2930
then
higher target >4360 (if break new ATH, price discovery)
NFA DYOR
lower target 2930
then
higher target >4360 (if break new ATH, price discovery)
NFA DYOR
Note
Looks like finishing towards wave 4Note
Wave4 target hit, need to see for the reboundNote
The Wave 4 target is broken, perhaps after big dividend trap, meaning the eliottwave is invalidated, will see where it's going to land
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.