Wuxi Biologics Cayman Inc (2269 - HK) - 5th wave up
Updated
Wuxi Biologics Cayman Inc (2269 - HK) is in 5th wave up of major 5th wave of C wave up in daily time frame. It is now in 5th wave up after sharp 4th wave ended just above wave 1 territory. It also be possible that extension is on the way. But conservatively it is now in 5th wave progress with small invalidation level between. It is also in strong uptrend and out-performing HSI.
Trade closed: stop reached
4th wave was shallow and 5th completed on top.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.