Strike Analytics

Lupin

16 Aug 202008:27 AM

Lupin finally went past the wave 1 high to confirm wave 3 starting. Now the initial waves are overlapping so we mark them as i-ii-i-ii and move on. In the big picture 3=1 is at 1565. The chart below shows an inverted head and shoulders bottom with similar implications and the neckline at 950 is the key support going forward.

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