DIVISLAB 1W TIMEFRAME PROJECTIONDIVISLAB 1W TIMEFRAME PROJECTION
Current Trend is Bullish but as per Elliott wave theory it might have ABC correction which can reject from 1.618 or its extended 1-2-3-4-5 wave Structure.
Divislabsell
DIVISLAB Analysistrendline is broken and retested price is moving up....
now price exactly at its previous supply zone....
we have to look if its break or not....
we have a strong support in the range as demand zone...
In daily time frame still not at reached the supply zone...but in weekly it reached...
we have a trendline support as well in daily time frame...please be on the buyside...
if suddenly price falls below the trendline also don't go for sell, small demand will again push it upside...
