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Alphabet Inc., Elliot Wave Analysis
9/13/2022 11:37 AMGrowth is possible.
On the daily chart, the third wave of the higher level (3) formed, a downward correction ended as the fourth wave (4) and the fifth wave (5) started. Now, the first wave of the lower level 1 of (5) is developing, within which the wave iii of 1 has formed, a local correction has developed as the wave iv of 1, and the wave v of 1 is starting. If the assumption is correct, the asset will grow to the area of 126.10–143.90. In this scenario, critical stop loss level is 105.55.
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