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Altria Group Inc., Elliot Wave Analysis
8/19/2022 11:12 AMGrowth is possible.
On the daily chart, the first wave of the higher level (1) ended and a downward correction develops as the second wave (2). Now, the wave А of (2) has developed and an upward correction is developing as the wave B of (2), within which the wave a of B is forming. If the assumption is correct, the asset will grow to the area of 49.10–51.00. In this scenario, critical stop loss level is 43.20.
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