BB&T Corp. (BBT): Bull Market Has Plenty of Steam Left!
BB&T Corp. (BBT) shows the impulse waves of white wave 3 and its subwaves in blue. And it's not complete. As you can see, blue waves 1 and 2 are set but 3 is likely still in progress with 4 and 5 still on deck. The bull run has not completed and even with the white wave 4 correction, plenty of all time new highs are ahead. Still, the profit or loss perspective depends on the time window on expects to trade in.
The purple waves represent the higher degree of trend and as it shows, purprle 3 is far from finished. But then, the time for purple three to complete is around the year 2030; so one has to scope the right time frame to enter and exit.
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