WTC stock analysis and Elliott Wave technical forecast [Video]

ASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge.

Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOOLWORTHS GROUP LIMITED – WOW. We see ASX:WTC continuing to move higher with a 5-grey wave.

ASX: Wisetech Global Limited – WTC 1D chart (semilog scale) analysis

Function: Major trend (Minor degree, grey). 

Mode: Motive.

Structure: Impulse.

Position: Wave 5-grey of Wave (3)-orange of Wave ((1))-navy.

Details: Wave 4-grey may have ended at the low around 97.90, and wave 5-grey is continuing to push higher.

Invalidation point: 97.90.

Chart

ASX: Wisetech Global Limited – WTC four-hour chart analysis

Function: Major trend…

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