South32 Ltd.
做多

ASX STOCKS SCAN: S32 - 27 AUG, 2025 - BULLISH POTENTIAL

229
Conclusion: Wave 3-red may be moving higher.

Key Points: Wave 2-red may have ended as a complex corrective wave, and since 2.84 wave 3-red may be unfolding to move higher. Target a high of 3.59 or higher. While price should remain above 2.84 to keep the weight and confidence for the bullish market view.

Invalidation Point: 2.47

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