Saturday, August 5, 2023

Chart: Mapletree Logistics


 Mapletree Logistics

5 wave uptrend from 2006 peaked near max Fib 4.236

Forecasted 5 wave downtrend currently forming Wave 4

Possible mid term peak near Fib 1.00 (1.8x) of downtrend ; partial profits here

With formation of Wave 5 near Fib 2.618 (1.3x) of downtrend, which coincides with Fib 1.618 of uptrend ; first average entry here

As always, gentle reminder to dyodd.