SUMMARY
My first glance impresssion of this weekly chart of Ampheno Corp. (APH) was: That's not sustainable for too much longer. It's ascent has been so near vertical while at the same time Elliott Waves show that 1,2,3 and 4 are complete. Wave 5 is either already complete or about to (red circle). Is it worth while sticking around for the last few incremental higher highs?
Subwaves (blue) well qualify the higher degree of trend waves. For white wave 5, subwaves for now show that blue wave 5 still remains to be filled. Once all subwaves are complete, there is high probability that a swift and scary correction will take place. Since it'll be a wave 2 of a higher degree of trend, the depth of retracement can target the 0.618 Fib level.
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