Rolls-Royce Holdings plc
Short

Rolls Royce PLC Macro Swing Short - Elliot Wave Count

266
Looking for this impulsive wave 3 to end around 1189 and above. Once target zone is hit look for short setups. This could potentially be a year long swing short back down to previous ATH/400. Where again you could be looking for a potential swing long back up to ATH. Note Wave 3 are usually the most extended and impulsive wave. A wave 4 correction should be at least 1/3rd the length of Wave 3.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.