Adrian_Padilla

Elliot Waves Analysis for TLEVISA/CPO

Short
BMV:TLEVISA/CPO   GRUPO TELEVISA SAB
According to the application of Elliot Wave theory; the count shown in the graph indicates that we are still bearish. Sorry for de "LONGERS guys" but, we haven't reached the end of the bearish path. I think that after reaching a price close to $ 48.78 MXN, we will continue short. To finish the wave (III), I like the $ 16.73MXN (0.618 Fibo of the wave III)

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