Elliot Wave Analysis for MobilityOne Plc - MBO

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Elliot Wave Analysis for MobilityOne Plc - MBOMobilityOne LimitedLSE_DLY:MBOmattjossOne I have followed for years now & am invested in. Wave 1 started subtly and lasted 13 years before it reached its crescendo in 2021. This is the Weekly Closing Line chart and therefore misses all the Daily candle wicks - some of which are extreme. Wave 2 was a 5 1/2 year simple A,B,C correction that unwound almost all (but not quite all) of the prior Wave 1 ... it did not make a new low and therefore meets the rules. I expect Wave 3 to start and continue in a much more confident manner (as compared to Wave 1) & show the 1.618 minimum target at 73p. (Unable to show the entirety of the chart on a Daily Candles basis but, if i were to re-plot using the Daily Wicks, the price target is actually 93p). As ever when Wave 3 starts, there is still a lot of negative market sentiment & scepticism amongst the old stale bulls. The price target may seem fanciful but, thus far, the chart obeys the rules and past price movements do indicate what can happen to a small company with very limited free float once the market participants get behind it.