After a longer downwards stage, Altria is loping upwards with more drive again. The share should keep up this momentum, as we still expect it to reach the compound consisting of the turquoise zone between $50.29 and $52.07 and the magenta zone between $50.67 and $53.47. There, Altria should finish wave B in turquoise and turn southwards again, making its way below the support at $40.35 to complete wave (B) in magenta. However, there is a 40% chance that the share might not be able to tap the northern zone-compound. In that case, wave alt.B in turquoise would be concluded already and Altria would directly drop below $40.35.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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.