EIL stock price rallied from 70 in March 2023 to a swing high of 122 in June 2023, where it faced some selling pressure. It underwent consolidation for two weeks and as of today closed at around 121-122, and looks to have finshed its short term correction. How it performs going ahead is something we need to observe.
Interestingly found a Wolfe Wave pattern on monthly chart with outrageous price targets in excess of previous all time high of 269. When you are invested in a stock, you want to look at the most bullish patterns and possible bearish scenarios with support zones.
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