SEA 0.00% 16.5¢ sundance energy australia limited

My chart looks very similar to yours but my EW analysis is...

  1. 348 Posts.
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    My chart looks very similar to yours but my EW analysis is slightly different. I'm breaking one rule because wave IV overlaps wave I, however, the stock appears to have broken this rule before on the run up to 10c. You could argue that my ABC correction is also invalid but if you look at the monthly or even the weekly chart you could say we have been in an uptrend since 4.2c in September 2017 with a wild run and reversion to the mean at the beginning of the year. That is my interpretation, anyway.

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