All stock analysis and Elliott Wave forecast [Video]
ASX: ARISTOCRAT LEISURE LIMITED – ALL Elliott Elliott Wave Technical Analysis TradingLounge.
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) ARISTOCRAT LEISURE LIMITED – ALL. We see that in the short term ASX:ALL is close to completing a Triangle, and we should have another push up after that.
ALL 1D chart (semilog scale) analysis
Function: Major trend (Minor degree, grey).
Mode: Motive.
Structure: Impulse.
Position: Wave (v)-orange of Wave ((v))-navy.
Details: Wave ((v))-navy could continue to push higher towards the target at the upper edge of the Channel. While price must remain above 65.92 to maintain this view, a push lower suggests that wave 3-grey may have…
