LONGZee has done its bottom and ended with Ending Diagonal triangle on weekly chart which is clear indication of reversal. from 114 to 210 it made the first impulse wave and from 210 it corrected 61.8% and made wave 2 at 134. now the stock is making wave three whose first possible point will be 280 and thereafter 380. moreover, the move from 134 to 225 is quite steep and sharp which is a clear indication of wave 3. therefore, long positions can be initiated for target of 280 and 380 with stop loss of 188.
