Hi susanmb, if for the sake of argument and bear with my naïveté wrt Elliot wave theory, but if we are at the start now of a new bull trend, or indeed if the 20c low is perhaps a ((2)) (I don't know what part of the cycle/supercycle they are actually in) but in any case would you now see this recent price rise as a corrective wave or a new impulse wave?? It's hard for me to tell if I should be applying an ABC or 1,2,3 notation at this point in time
MRM Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held