tempertrade

GDR bullish impulsive pattern emerging

Largo
LSE:GDR   GENEDRIVE PLC ORD GBP0.015
This is now my most likely count on Genedrive GDR corrective pattern ending in a Y wave triangle formation. All recent waves are 3 wave formations that suggests we are still in a correction.
With this I revert back to my impulsive count and the primary rise is now considered in 5 wave impulse, currently finishing the wave 2 in a wxy. Primary targets of the wave 3 end are remain extended higher, nicely corresponds to the ath level.
My alternative would be that we have finished the Y wave in a more complex parallel formation already and this means we will shoot up from here to w3.
Great entry point for these targets.

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