SNGP - Intraday Analysis - 19-10-2024
Primary Structure: Potential Bullish Impulsive
Primary Trend: Bullish
Current Wave Structure: Potential Bullish Impulsive.
Expectations: The consolidation in wave "4" is prolonged and a triangle appears in it. The rise from the low of wave "4" can be counted in five overlapping waves as a leading diagonal in the blue wave "i". More gains are expected after a small pullback which can test the golden ratio.Recommendation: 1: 85 is the target for longs.
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