share price, page-66

hi all.
review weekly chart.
as posted this week, i sometimes use ew counts to try to work out where we are in the bigger picture.
it is my understanding for a wave count to finish there is normally a broken support or resistance line, a divergence in a momentum indictor and a increase or decrease in volume.
looking at this weekly chart, if my count is correct we could have finished a 1 to 5 motive wave pattern and now could have just this week finished the wave A in a corrective wave pattern.
if this count is correct we will have 2 more waves in the corrective wave pattern(waves b and c)
the volume this week tells me we are not in wave c.
waves b and c can form a number of patterns, i try not to perdict the patterns until they have finished.
but before we ring up our brokers and sell, we should have a closer look this chart.
because we now have bullish divergences on the daily charts(one smaller degree to this chart) that tells me this could be the end of wave a in the corrective pattern,.
because wave A did not get below wave 4 in the motive pattern, this to me is a bullish sign.
what i will be looking for in the coming weeks is where will wave b top out, the higher wave B is, could see us have a higher wave C .
i still have two targets for the monthly time frame( one larger degree to the weekly) they are 60.50 and 61.69.

have a good one

582