Hmm, maybe I should have stuck with my trusty channels after all.
I'm a little disappointed about it, but it led me to introduce a 2 hourly chart, which has served me well on other stocks to anticipate SP moves.
So now I see LSA in wave iv down with wave v up still to follow to complete wave 1 of 5 of (3). So certainly something to look forward to as long as the FA is doing its bit. I know my wave count does vary from other posters here, as they get easily confused, but I'm used to that as long as I'm correct in the end.
So here is my 2 hourly chart, showing that wave iv ? down has reached its Fib 38.2% retrace level at 5.0c, which would be quite normal, but the question is will it go on to Fib 50% and possibly close the gap?
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Hmm, maybe I should have stuck with my trusty channels after...
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