
Wave 5 Advancing
We can see clearly that Subwave iii (red) of Wave 5 (blue) is making its way upwards. It should go well above the top of Subwave i (red). It should be interesting to see how high it will go. It is timely to pick uptrending stocks to add to your portfolio. When Subwave iii peaks, there is time to review your portfolio, as Subwave iv should go sideways. Weaker stocks may go downwards while stronger stocks should continue to go upwards, following Subwave v (red). You can then rebalance your portfolio.