Singtel Daily - 4th Wave?

A quick scan of the charts shows the indicators achieving lower highs after SingTel recent high of $2.70. It is likely to into retracement to gather strength for its next leg, If my analysis of Elliot Wave is correct, this should the 4th wave (corrective phase) before the 5th wave. (i apprecate any correction of my analysis as i am a newbie to Elliot Wave) You can see the MA all coverging at the 200MA area, likely to be a key support.