17 Sep 2020 ● 05:14 AM
Value Wave Investment Update. A long term trend remains in force till it completes 5 waves up at various degress of time.
What do you do when prices start moving higher again without going to the lower end of the channel? You redraw a new channel to fit that move. In this case we are making new highs in wve 5 of 3 for Kopran. If the newly drawn channel holds true then prices open up to the top end of the channel that is currently near 120. This goes past the 2017 top of 102.50.