Triangle is now being formed as a wave 4. I expect it to break out and finish impulse wave slightly above wave 3 highs. Up to 30% gain here if entered at 0.89$ or so. This company is now interesting not only because of Elliott Wave applied - it has specific business situation. Parker Vision produces complex radio chips that are patented in early 2000's. Company...
Analysis is based on Elliott Waves. Soon NLOP is expected to break out of the leading diagonal (wave 1), and after some correction, continue going higher. NLOP is REIT company with assets in USA and Europe. Fundamentally, idea is that properties under management are much higher value than the company itself. As last year shown, NLOP manages to sell its properties...
It is clear that five impulse is in the past and now it is a correction. This idea is to ride wave C of the correction.