The weekly chart of CGPT reveals a clear five-wave structure in line with Elliott Wave Theory. According to this pattern, CGPT is currently positioned at the cusp of the final, or fifth, wave of upward movement. This fifth wave typically represents the last phase of a bullish cycle, signaling the culmination of a broader trend. Once this wave completes, a significant global reversal is anticipated, potentially marking the beginning of a corrective phase or downturn. The chart highlights the critical moment we're in, as investors closely watch for signs of this impending transition.
