Happiest Minds Trend AnalysisOne of the most complex corrections came to an end.
It has formed WXY double corrective pattern where W is ABC Zigzag & Y is ABCDE triangle.
Entire correction lasted for more than 3 years & 3 months but in that duration company has shown revenue growth and they have increased their employees as they are expanding globally in the field of disruptive innovation.
Net profit got affected due to margin pressure (increase in employee cost).
Debt is little concerning, rest all parameters are ok.
On a broader view, waves 1 & 2 have ended and price is at the initiation of wave 3.
Wave 3 targets can be huge. Will share the targets later.
Do your own due diligence before taking any action.
Peace!!
