SURYODAY SMALL FIN BK LTD MB
The chart appears to be in an uptrend. This is indicated by the higher highs and higher lows throughout the chart.
Wave Identification:
* (w): This could be the initial impulse wave of a larger degree.
* (x): This is likely a corrective wave, potentially an A-B-C structure. It retraced a portion of the move in (w).
* (y): This seems to be another impulse wave, possibly the second wave of a larger degree.
* (z): This could be the beginning of a corrective wave, potentially another A-B-C structure.
MACD Indicator:
* The MACD histogram is currently positive, confirming the uptrend.
* The signal line and MACD line are crossing upwards, indicating a potential bullish crossover.
Potential Outlook:
* If the current structure holds, we could expect further upside in the (y) wave.
* A break below the low of the (x) wave could invalidate the current uptrend.
* The MACD indicator signals a potential continuation of the uptrend.
Wave Identification:
* (w): This could be the initial impulse wave of a larger degree.
* (x): This is likely a corrective wave, potentially an A-B-C structure. It retraced a portion of the move in (w).
* (y): This seems to be another impulse wave, possibly the second wave of a larger degree.
* (z): This could be the beginning of a corrective wave, potentially another A-B-C structure.
MACD Indicator:
* The MACD histogram is currently positive, confirming the uptrend.
* The signal line and MACD line are crossing upwards, indicating a potential bullish crossover.
Potential Outlook:
* If the current structure holds, we could expect further upside in the (y) wave.
* A break below the low of the (x) wave could invalidate the current uptrend.
* The MACD indicator signals a potential continuation of the uptrend.
Pernyataan Penyangkalan
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