Divis Lab CMP 5977

Elliott- The iiird wave of C should start from here. The minimum tgt for it is 5535. They generally the strongest and sharpest moves.

RSI - the oscillator has reached the bear zone at this rally and is confirming the weakness.

Conclusion - its a good short in my view. Good news is it is a bullish corrective pattern.
Technical IndicatorsTrend AnalysisWave Analysis

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