Uptrend for Mestron

By PFXTrader
Base on previous retracement price manage to hold at key support level at 0.14 with a nice rally retesting resistant area 0.20 completing small elliot wave of 1 & 2. With current scenario new support established at 0.195 & 0.210 level expecting further uptrend wave 3 in the making with new high target at 0.275 level.
Wave Analysis

Disclaimer