Let us see what Elliott Wave Analysis of EasyJet Plc suggests about the possible future direction for this stock. This low-cost passenger airline that conducts operations throughout the United Kingdon and mainland Europe has seen its stock recover nicely from around 300 pounds seen in July 2011. It is currently trading at 514.50. 
As always, I have posted additional comments directly on the chart to make life easy for you! Enjoy.
2 Comments
Hi Ramki!I have a question.If wave 3 is 261,8% from wave 1 is it possible to have an extension wave 5?Thank you!
Hi Valter, yes, it is possible, but initially you will see whether wave 3 was gong to 3.618 or 400% of wave 1.