M&G - Analysis on price movement

Y wave, target (E) within stipulated range.
N wave with V, N & E projection. Golden cross may happen if there is a strong momentum to push the price upward.
R - 0.410 (52w high)
S1 - 0.340 (Tenkan sen)
S2 - 0.320 (Senko span B)



Note:
1. Analysis for education purposes only.
2. Trade at your own risk.