PAEL - Hourly Analysis - 11-05-2024
Primary Structure: Bullish Impulsive. 
Primary Trend: Bullish
Current Wave structure: Bullish Impulsive.
Expectations: After completing the black wave "3" in five waves the consolidation phase is prolonged suggesting a massive triangle in wave "4". The rise from its low was very expected as the triangles are trend continuation patterns. Sooner or later the consolidation phase may start Ideally a daily close below 22 will define the top of the red wave "(1)" is in place.Recommendations: All the holding may be sold out at around 28.
Previously :
