ABC correction after entire evolution now shall be negated with a serious rally up basing on future moderate energy proce increases what would improve company's profits.
For today we supposingly observe initial impulse up, hopefully we follow with the rest of incline.
i and ii waves are to be over now. Recently we shall experience serious rally up.
Irregular correction shall be over now, though (5) wave to be achieved soon. Then a general correction of higher 1st wave and more and more to go up.
There is an ambigouos situation in Grodno chart. We are in most probable 4th wave correction wchich tend to be complex ones. If the correction is over now, we shall see some serious inclice in following days, otherwise C wave is yet to come and bottom shall be on lower boundary. Nevertheless afterwarda we are expecting new ATH on Grodno stocks
We are remaining in a complex correction. If it was as ABC correction, now we shall observe appreciation over (iii) wave top, otherwise we got to wait until d and e waves are over. Then expecting a serious rally up.
Correction movement seems to be over, Initial wave up "1" is over also, now "2" wave is being drawn, waiting for its finish and "3" wave initial rally up.
I assume we are seeing initial rebound of another rally up. Now local correction (1)-(2) shall be resolved and (3) wave serious price improvement shall appear.
(4) wave after a complex correction seems to be finalized at this point.
(iv) wave should be over now, I am waiting for a price improvement to reddish rectangle and later to (v) wave range.
Greenish rectangle as a correction right now, waiting for a serious rebound afterwards.
I submitted potential expansion of upcoming waves. I am trading 4th /circle 4/ wave now and expect large incline/rally afterwards.
Im placing a potential wave evolution on the chart, however ranges may expand in case of more volatile market. I would treat it as a minimal range evolution.