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Analysis of Stratis on 04 Nov 2017

My Analysis:

1) As per Elliot Wave Principle, Wave 2(Zig Zag Pattern{ABC}) of Stratis has already retraced to 78.6% of Wave 1. Wave C is 78.6% of Wave A.
2) As per Gann Fan Analysis, Stratis has reached the lowest support(8/1) of the First cycle. Expecting a solid jump.
3) I can also see Bullish Divergence in MACD indicator.

Conclusion: Expecting Wave 3 to dig in which would be the strongest wave.

Disclaimer: Invest at your own risk.

Regards
Rob
Elliott WaveFibonacciGann Fan

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