NESTLE NLong
Nestle long-term analysis based on fractals
Updated
Currenlty we are in I - > J upward move.
That will take Nestle share prices to the new price record - around May/June 2019.
After that time, there will be a strong downward move J -> K and price will go down to ~75 per share.
Subsequent moves will follow, I will continue on
That will take Nestle share prices to the new price record - around May/June 2019.
After that time, there will be a strong downward move J -> K and price will go down to ~75 per share.
Subsequent moves will follow, I will continue on
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So far prediction was accurate.I believe we are very, very close to the top of this bull market run.
There may be a bit more of an up-side movement I -> J
However, later on, this year we are going down J -> K
If that"s correct then the global economic crash will be... way after 2020 elections in the US.
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Very good prediction, shares are up and soon there will be a downturn move for Nestle but also for SPX.
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