Ekovest - head and shoulders, Part IV

Has wave (iv) of major wave 3 ended?

If Ekovest can move higher from here and break the Rm 3.00 level within the next two day, it is possible that Rm 2.60 level is the end of wave (iv) and the wave (v) of major wave 3 has started. Major wave 3 should be much higher than major wave 1 of Rm 3.60. I expect the major wave 3 to have 9 waves in order to have sufficient height over major wave 1.

The main question is, when the bear is in control of the market, can Ekovest moves higher on its own? As long as there is no panic selling, some stokes still can move higher.