Hyundai Motors – Impulse Wave Completed

Since listing on 22 Oct 2024, Hyundai bottomed on 7 Apr 2025 and has since been forming its first impulse wave.

It appears that the stock has completed its first impulse wave of minor degree with a Wave 1 extension.

The wave structure suggests that -

Wave 1 extension had sub-wave 1 extension (as per EWP, extended sub-waves behave similar to parent wave).
Wave 3 = 78.6% of Wave 1
Wave 5 = 78.6% of Wave 3

Internal wave counts align with the extension scenario.

In case of Wave 1 extensions, Waves 3–5 usually terminate within 0.618 – 1.414x of Wave 1.

Recommendation:
Investors who are long may consider exiting at current levels or trade with a strict trailing stop loss.

การซื้อขายยังคงดำเนินอยู่

Stock has been undergoing correction as a Zigzag. Wave A is over and possibly Wave B and Wave C in formation. If going long, trade with strict TSL

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

I had initiated an "Exit" call on the stock on 22 Sep 2025 immediately after completion of the impulse wave. The stock has completed correction on 6 Apr 2026. That was a good 42% correction. Those who exited would have been immensely benefitted. Updating status now.

ChartTheWave

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