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SMGR
BUY advice
This is a very positive signal! Three consecutive wave degrees show a clear POSITIVE trend, as well as a
positive EASI, which indicates that the target has not yet been reached.
Check if the wave degrees are the time frames you trade.
This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and Intermediate wave degrees. The target of the Intermediate wave degree, which is in wave summmary(0,Primary,up,currwave), is the most conservative target to reach at 8671.1666 or percentagewise 15.6156%
Action : Long/buy, 3 wave degrees uptrend
Type signal : BREAK OUT,conservative
Applies to : Insitutional investors
Conservative Target :8574.5616
2nd Target :12820.4559
Wave degree (1st) :Cycle
Wave :3
Wave degree (2nd) :Primary
Wave :3
% signals wave 2 :0
% signals wave 3 :73.7705
% signals wave 4 :13.1148
% signals wave 5 :13.1148
Late Exit Alert :6900
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