$JSEDCP - Dischem: Great Run, But I Count Five Waves

See link below for previous analysis.

Dischem has had a stellar run from the 2154 low, tracing out a textbook five wave advance.

Wave is a leading diagonal followed by wave[ii] which unfolded as a complex zig zag with a b-wave triangle; wave[iii] is a strong impulse and wave[iv] is a simple zig zag.

Wave[5] can unfold as an impulse or ending diagonal and looks likely to take price towards 3300 cps.

Buying fifth waves is risky as on completion of the five wave advance, a three wave correction follows.

I will remain bullish but with caution.