Long
NAVISTAR - 150% rally possible !!!
Nav has the potential to go above 50 but at first let's go for at least 31-32 if we don't see it go below 15.70.
On daily we have a clean 5 waves rise followed by this ABC correction. We have length equality between A & C at 16.80 and the 50% retracement level of previous impulsive wave and also historic support.
On the 30min chart, looks like we have 5 waves up and are now seeing a correction. So, at 17.5 - 18.5 I'll buy.
On daily we have a clean 5 waves rise followed by this ABC correction. We have length equality between A & C at 16.80 and the 50% retracement level of previous impulsive wave and also historic support.
On the 30min chart, looks like we have 5 waves up and are now seeing a correction. So, at 17.5 - 18.5 I'll buy.
Note
Note
Nav - My first entry might have been to early here. Looks like price wants to go for the 1.272 extension first-. 
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.