TNB still correcting. current buy-in target at 800-900 sat.
we can see clearly from my largest 12345 elliott wave that we are still in corrective wave 4. the question is where will wave 4 land?
we can see that wave 4 is a zigzag. we are in the final wave of this zigzag. the final wave is clearly a diagonal, because the top of D recovers above A. drawing lines connecting B-D and A-C reveals that we are currently in an expanding diagonal, which spells bad news for the final landing spot of this corrective wave. i'm expecting us to land around 800-900 sat range, but only time will tell. i wouldn't buy until we see confirmation of breakout of this correction. however, this is not investment advice, DYOR :)
we can see that wave 4 is a zigzag. we are in the final wave of this zigzag. the final wave is clearly a diagonal, because the top of D recovers above A. drawing lines connecting B-D and A-C reveals that we are currently in an expanding diagonal, which spells bad news for the final landing spot of this corrective wave. i'm expecting us to land around 800-900 sat range, but only time will tell. i wouldn't buy until we see confirmation of breakout of this correction. however, this is not investment advice, DYOR :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.