EWFcw

AAC Technologies Holdings Inc (2018 - HK) - Impulse wave pattern

Short
HKEX:2018   AAC TECH
AAC Technologies Holdings Inc (2018 - HK ) is in 2nd wave correction of C wave (or 3rd wave) down. The 5th internal wave of C wave will rise then it will start moving down. In weekly time frame it dropped in five wave impulse A wave and corrected in B wave. Now dropping in C wave, in which 3rd wave down is in progress, which should be very sharp down and big fall. In a conservative approach this may be the part of double zigzag correction. In both cases the direction will be down.

Comments