Wave Analysis:
Within the completed fifth wave, we can see that the corrective wave II has completed a WXY correction, which is a complex correction pattern consisting of two zigzag corrections and a connecting wave. The internal degree 1 wave within the WXY correction has also completed, indicating a potential uptrend.
Currently, the stock is in the early stages of the second wave, which is a corrective wave. It has completed the internal degree 1 wave, which consisted of a zigzag correction. However, the corrective wave is likely to continue, and the stock may find support near the 2500 level.
In conclusion, Hero MotoCorp has a strong long-term trend and is currently in a corrective wave, which is likely to find support near the 2500 level. Traders and investors should keep a close eye on the stock's price movements to identify potential entry and exit points.
Thank you for your love and trust...!
Within the completed fifth wave, we can see that the corrective wave II has completed a WXY correction, which is a complex correction pattern consisting of two zigzag corrections and a connecting wave. The internal degree 1 wave within the WXY correction has also completed, indicating a potential uptrend.
Currently, the stock is in the early stages of the second wave, which is a corrective wave. It has completed the internal degree 1 wave, which consisted of a zigzag correction. However, the corrective wave is likely to continue, and the stock may find support near the 2500 level.
In conclusion, Hero MotoCorp has a strong long-term trend and is currently in a corrective wave, which is likely to find support near the 2500 level. Traders and investors should keep a close eye on the stock's price movements to identify potential entry and exit points.
Thank you for your love and trust...!
註釋
going right side./註釋
Have risen decently...!註釋
we are near the target註釋
Targets for iii has come免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。