After a long consolidation, the counter has broken out of a range.
The bullish move is usually of a 5-wave cycle as we marked in the chart.
The numbers from Canada, of late, has been good as well.
Hence, we expect the counter to bullish in the short-term after a decent pullback.
The bullish move is usually of a 5-wave cycle as we marked in the chart.
The numbers from Canada, of late, has been good as well.
Hence, we expect the counter to bullish in the short-term after a decent pullback.
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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.