Wave 5 is normally double the size of Wave 3 in Elliot Wave theory , so we could realistically head towards $180 in coming weeks.
Wave 1 commenced 14th Sep 2020 and ended 12th October 2020 , about 4 weeks
Wave 3 commenced on 26th Oct 2020 and ended 17th December, just over 6 weeks.
Wave 5 commenced on or around 12th March , so if Wave 5 goes for 8 weeks , that makes it will be around May 13 as the end date for Wave 5 which coincidentally is when Xero reports to the market.
We have 3.5 weeks left for Wave 5.
This is not advice but just theory,
XRO Chart 2021, page-91
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Last
$159.62 |
Change
2.620(1.67%) |
Mkt cap ! $24.37B | |||
| Open | High | Low | Value | Volume |
| $158.16 | $159.76 | $157.83 | $51.08M | 321.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1187 | $159.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $159.80 | 141 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |