Monthly chart of Dixon Technologies looks super bullish from Elliott Wave perspective. Long term impulse wave that started around 400 in August 2019 ended in October 2021 after making an all time high at 6243. Since then, stock has been in correction mode and seem to have completed zigzag (abc) correction in June this year….
Google has moved down from January 2022 top made at 151.55 in 5 wave impulse. It could be either wave 1 or A and now seem to have completed wave 2 or B. Either way, stock is starting wave 3/C down which could go to 82 or lower levels as per wave equality. From wave…
Trendline that worked as a support since September 2021 has now become resistance and the price was rejected from that level sharply. Whole down move from the top made in January this year looks like a complex correction (WXYXZ) and we seem to be in last leg (Z) of the correction. Question is how deep…