A quick question for yourself or DS.
Is it possible for a wave to be aborted part way due to company news?
It’s just that your wave 4 is rather shallow, now during that time we had 3 announcements:
1. 12/4/21 - Shipping update and a selling price update - that moved the SP 14c 4.7%
2. 14/4/21 - SDV update - that moved the SP 27c 8.2% (note the 13th we were up 14c 4.49%
3. 19/4/21 - Merger announced - moved the SP 22c 6.09%
My point being could we now be in wave 4 of an overall impulse wave? And it’s harsh as it needs to over compensate for the aborted wave 4?
Learning here and enjoying it.
Any comments are accepted and given not as advice.
Cheers
Chart, page-22579
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