MEDIASET to reach one last new top

On the daily chart of MEDIASET (ME) we could see one of the clearest impulses. It shows that wave (5) looks like an unfinished ending diagonal. That is why we expect MEDIASET to reach one last new top in wave 5 of (5), before turning down for a natural three-wave correction. The final peak should be somewhere in the 4.50 area. The following A-B-C decline could find support around the bottom of the previous wave (4) – near 2.80.

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