Elliott Wave Analysis
In Elliott Wave terms, PLY began a wave one advance on November 25, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 26, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on January 22 this year. If this wave count is correct, PLY should be heading next towards the December 26, 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
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