Momentum Pause After an Extended Impulse – Structure Signals a Healthy Reset

Technical + Structural View (Based on the Chart) 1. Elliott Wave Structure The stock has completed a clear 5-wave impulsive advance from the mid-2025 base, marked by strong higher highs and higher lows. The recent peak near the upper zone reflects a Wave 5 termination, often followed by a corrective phase. The ongoing decline appears to be the start of an ABC corrective structure, not a trend reversal. Balance sheet strength allows the business to absorb short-term market corrections without impairing growth.