Wockhardt

Value Wave Investment discussion

Most charts look like this even as prices fell some more, the medium-term pattern of higher lows was not broken so the larger wave counts remain in place. 1-2-1-2-1-2, and wave 3 of 3 next. Redrawn the rising channel to the recent low. First swing high resistance at 310, after that the high of 342.75, the Jan high of 411.60, and then the top end of the rising channel at 505.