Riding the Motive Waves, Mapping the 5-Wave Impulse StructureMN Holdings Bhd.MYX:MNHLDGsipuutseduutBased on the daily chart of MNHLDG, the price action is carving out a highly Impulse Wave (Motive Wave) structure according to Elliott Wave Theory. Following the completion of Wave 1 and a healthy Wave 2 correction that held firmly above the critical RM1.46 support, the market is currently accelerating within a powerful Wave 3. Backed by Fibonacci extension levels, this dominant wave is currently eyeing a primary target around the RM3.30 region. Identifying these Motive Waves (Waves 1, 3, and 5) is essential for trend followers, as Wave 3 typically represents the strongest and most extended part of the cycle. Looking ahead, once Wave 3 peaks near RM3.30, we anticipate a temporary Wave 4 retracement before a final Wave 5 push towards the long-term target of RM3.81. This analysis focuses strictly on highlighting the motive sequence. Detailed updates regarding the subsequent corrective structures will only be provided once Wave 5 satisfies the end of its cycle and exhibits clear momentum divergence. Educational Disclaimer: This chart is for educational purposes and purely based on technical analysis, not a buy/sell call. All entries, stop-loss setups, and RRR are entirely subject to your own risk evaluation. The author assumes no responsibility for market volatility or potential third-party manipulation/pump-and-dump anomalies. Always DYOR.