SUMMARY
If you were a shareholder of Monro (MNRO) and didn't take profits and have rode the price from $76 to $39 and currently staring at $57; What would you do? Would you be taking Sell or Buying actions? Is the correction over? What do you think?
Here is the projection of the correction to be more of an ABC and that both A and B waves are likely complete. The C wave has probably onset and is likely to reach towards the prior blue wave 4 zone. When is the best time to buy? Terminal ends of corrections. Is the price at that stage now? What do you think?
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?
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