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Market Analysis - Technical Analysis
Autoliv SDB (ALIV SDB) 2019-06-11 Chart
Technical Analysis: Autoliv SDB
Possible scenario in Autoliv. The share has made five waves up from the bottom in March 2009. May have finished wave A and B in an corrective A-B-C phase down. If there is no complex correction, there is a risk of five waves down in the last C-wave.
Our model (see chart below) suggest a bottom somewhere between 429 to 262 in this C-wave with a ideal target at 430-400 level.
Market & Equity Analyst