COLES GROUP LIMITED.
Long

ASX - COL: 23 APR, 2024

136
© Master of Elliott wave Analysis: Hua (Shane) Cuong, CEWA-M.

(1D Chart): Details: Short-term outlook shows that wave ((y))-green is ongoing as a Zigzag and wave (a)-purple has ended. Therefore, the (b)-purple wave is expected to have ended, and may be ready to push even higher. Pushing higher than 16.5 will be the first step to renew this outlook.

Invalidation point: 15.37

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