EVOLUTION AB
Long

EVO Elliot-Wave Analysis

281
Despite the very strong financials, the EVO chart is stuck in a correction since Apr '21.

I think there still is a bit more downside potential. The price should eventually find support in the green box, and ideally start forming a bottom in this area.

Potentially the price could drop even lower, but thats not my main scenario.

Either way, it will probably take multipe monts, untill the price will start surging again.

I see massive value at these prices! I will start buying aggressively, when the price is entering the green box.
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snapshot

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