Solid News

Altria Group Inc., Elliot Wave Analysis

1/6/2023 10:08 AM

The price is in a correction and may grow.

On the daily chart, the first wave of the higher level (1) formed, and a downward correction forms as the second wave (2), within which the wave А of (2) appeared, and the upward wave B of (2) develops. Now, the wave a of B and the wave b of B have ended, and the wave c of B is developing, within which the correctional local wave (iv) of c is ending. 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.

Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023