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ASX: FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED (FPH) Elliott Wave Technical Analysis \u2013 TradingLounge (1D Chart).<\/strong><\/p>\n Greetings! Our Elliott Wave<\/a> analysis<\/a> today focuses on\u00a0FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED (ASX: FPH)<\/strong>.<\/p>\n Currently, ASX:FPH does not appear ready to turn\u00a0bullish<\/strong>, and further dips are expected. This presents a good opportunity to\u00a0observe<\/strong>\u00a0the stock<\/a> and monitor its corrective waves, which are key for identifying future\u00a0motive waves<\/strong>.<\/p>\n Analysis Details:<\/strong><\/p>\n A\u00a0large corrective wave<\/strong>\u00a0is unfolding as\u00a0((a))((b))((c)) \u2013 navy<\/strong>. The\u00a0((b)) \u2013 navy<\/strong>\u00a0wave likely ended recently at a\u00a0high of 35.74<\/strong>. Currently, the\u00a0((c)) \u2013 navy<\/strong>\u00a0wave appears to be in progress, or there may be another wave count scenario unfolding.<\/p>\n Regardless of the exact pattern, the\u00a0price is expected to push lower<\/strong>, targeting\u00a027.93<\/strong>\u00a0as the next significant level.<\/p>\n ASX: FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED (FPH) Elliott Wave Technical Analysis \u2013 TradingLounge (4-Hour Chart)<\/strong><\/p>\n ASX: FPH Elliott Wave Technical Analysis \u2013 4-Hour Chart<\/strong><\/p>\n Analysis Details:<\/strong><\/p>\n Wave\u00a0((c)) \u2013 navy<\/strong>\u00a0is unfolding towards a\u00a0lower level<\/strong>. Its\u00a0Wave (A) \u2013 orange<\/strong>\u00a0has completed\u00a0five waves<\/strong>, indicating an impulse phase.<\/p>\n Currently,\u00a0Wave (B) \u2013 orange<\/strong>\u00a0is forming a short-term upward correction, after which\u00a0Wave (C) \u2013 orange<\/strong>\u00a0is expected to continue pushing the price\u00a0lower<\/strong>.<\/p>\nFPH Elliott Wave technical analysis \u2013 1D chart (Semilog scale)<\/h2>\n
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