TVS completed 5 Wave rise from March 2022 till Sep 2024, which fromed a major Wave 3.
I would have ideally wanted Wave 4 to correct at least 38.2%, which did not happen.
Now that stock is almost at ATH, it offers a good opportunity to explore a short with previous high as SL.
The entire zig zag move from Jan lows can just be an X and we get a Y down till at least 38.2% which is at 2025, a good 17% correction from today's price.
All the best!
I would have ideally wanted Wave 4 to correct at least 38.2%, which did not happen.
Now that stock is almost at ATH, it offers a good opportunity to explore a short with previous high as SL.
The entire zig zag move from Jan lows can just be an X and we get a Y down till at least 38.2% which is at 2025, a good 17% correction from today's price.
All the best!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.