HUPSENG will it create a leading Diagonal wave or ENDING?

Looking at the chart for Hup Seng Industries Berhad, here's my analysis:

Current Price Action:
- Trading at RM0.780, up 1.96%
- Currently in an uptrend channel
- Price holding above key moving averages

Elliott Wave Analysis:
- Currently appears to be in Wave (IV) of a larger structure
- Previous waves (I), (II), and (III) clearly visible
- Potential for Wave (V) targeting RM1.37 (1.272 Fibonacci level)

Key Technical Levels:
1. Support:
- Strong support at RM0.915 (0.786 Fibonacci)
- Channel support around RM1.00
- Moving averages providing dynamic support

2. Resistance:
- RM1.20 (0.236 Fibonacci level)
- RM1.30 (previous high)
- Upper channel resistance around RM1.25

Pattern Analysis:
- Trading within an ascending channel
- Series of higher highs and higher lows
- ABC correction pattern visible within Wave (IV)

Volume Profile:
- Recent volume supporting the upward movement
- Money flow indicator showing accumulation
- Green volume bars indicating buying pressure

Notable Events:
- September 2024: MYR15.27M (-15.78%)
- Consistent recovery pattern since June 2023

p/s take profit first +-rm3180@27.46%