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Altria Group Inc.: wave analysis
11/25/2022 11:04 AMThe price is in correction; the probability of growth is maintained.
On the daily chart, the first wave of the higher level (1) has completed and a downward correction is being formed as the second wave (2), in which wave A of (2) has formed and the upward wave B of (2) continues to develop. At the moment, wave a of B has appeared, wave b of B has ended and wave c of B is developing, in which wave (iii) of c is being formed. The issuer's share quotations are predicted to rise to the area of 49.10–51.00. The level of 43.20 is critical and stop-loss for this scenario.
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