Technical analysis by sabri2003 about Symbol S: Buy recommendation (9/30/2025)

Susdt Elliott Wave Analysis: Potential Trend Reversal Summary The completion of the downward Elliott wave pattern (a b c d e) may indicate a potential trend reversal towards an uptrend. Analysis Details 1. *Downward Elliott Waves*: The (a b c d e) pattern often relates to the end of a corrective downtrend. - *a*: Initial downward wave. - *b*: Corrective upward wave. - *c*: Second downward wave. - *d*: Corrective upward wave. - *e*: Final downward wave. 2. *Implications of Completion*: - If wave *e* is complete, it might signal the end of selling pressure. - Potential start of a new uptrend or at least a corrective upswing. 3. *Confirmation*: - Watch for *resistance breakout*: If price breaks a key resistance post-wave e, it may confirm upside. - *Volume*: Increasing volume with upward move could strengthen the reversal case. Important Notes - *Risk*: Wave analysis requires precise counting and can vary between analysts. - *Additional Confirmation*: Use other technical indicators (like RSI, MACD) to support analysis. - *Risk Management*: Importance of setting *stop-loss* in trading. Next Steps - Monitor price action post-wave *e* for trend confirmation. - Look for additional *bullish signals* (like candlestick patterns, breakouts). Would you like: - *More details* on Elliott Wave analysis? - *Examples* of applying this analysis in specific markets? - *Tips* on how to use this analysis in trading?