Monday, March 13, 2017

CHIB Technical Analysis (March 13, 2017)


A possible multi bagger or retirement stock. Target of wave 3 is around P72.00 or the P97.00. But take note this is the just wave 3. Impulse waves are 5 waves up but given this is an extended wave 3 then I can expect it to go above P100. Invalidation of current count is when that support area is broken.

DISCLAIMER:
This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

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