Zomato, end not in sight

28 Nis 2022

Given that the current progression looks to be either an Impulse to the downside as Wave C or a corrective continuation, expect Zomato to see more fall in the short term.
Also any upmove for now be a pullback, hence allowing us to plan shorts from a swing perspective.

4 May 2022

Not

1H : Precisely as expected : Went down more than 12% since the short setup was posted :

9 May 2022

Not

Zomato : Down more than 20% since the setup was posted :