Long

RBS UK Treasury mistake?

86
Did the UK treasury make a mistake selling some of their stake in RBS?
Looking at this Elliott wave count suggests they might have done!

According to my count we have finished an intermediate wave 1 (leading diagonal) of a wave 3 of one larger degree
Now we are in the process of making a wave (2).
The next wave is a wave (3) of 3 which is a trader's dream to catch. I am looking for an initial target of 957.13.
I will post a further message when this wave develops.

A move over the 100 week moving average (in blue) would help with this count.

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