Still wating to retest lower boundary of the longterm consolidatioin. Expected range of upcoming delicne is 40-47 PLN.
I need to see either pushed 4 wave top to negate five wave count or see another bottom to fullfill entire downward impulse.
As for me C wave still to be completed... 5th wave decline shall be proceeded.
PKN Orlen reached important suport at 62 PLN level. If it will hold propably we will see tirth Elliotts wave with TP 83 PLN. In friday company relased information about starting a new buissness in China.
buy 65.64 - 62.38, stop below 59.70. next buy zone 54-53 - same tp targets.
PKN ORLEN anticipates wyckoff phases Sp500 , the Wyckoff phases are the same .