It show a very positive signal, which is Four consecutive wave degrees show a clear POSITIVE trend, it also indicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration! This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and intermediate wave degrees. The target of the Intermediate wave degree, which is in Primary wave, is the most conservative target to reach at 1.01.

My Action : Long/buy, 4 wave degrees uptrend

Type signal : RETRACE, aggressive

Applies to : Institutional investors

Conservative Target :1.02 

2nd Target :1.15

Wave degree (1st) :Cycle 

Wave :3 

Wave degree (2nd) :Primary

Late Exit Alert :0.680

Earlier Exit Alert :0.800

Today Close :0.880

Risk : 0.08 (early cut) or 0.20(late cut)

Reward : 0.14(conservative) or 0.26(2nd Target)

All the information is soley for information and education purpose only, it is not a sell, buy or hold call for the stock I mention.