Big UK constructor.. I think the last swing high is in 3 rather than a 5 as labelled but we have 5 waves down from highs in A and trendline a logical place to reshort. You can see it held prior 4 ...unlike a lot of stocks it could not take out pre Covid highs in spite of speculative buying frenzy post Covid

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.