waveslover

3333 JUST HIT 3.33. ARE WE AT THE BOTTOM?

Long
HKEX:3333   CHINA EVERGRANDE GROUP
✅PREVIOUSLY ON EVERGRANDE
There's 5 waves from 0 to 32.5.
After 32.5, A is 18.18, B is 30.15, and we've been on bearish 5 waves since B(30.15) to make C.

✅ WHERE WE ARE
Drawing the TL from 32.5(5) to 30.15(B), and put Fib channel(2.0), we can see that the price is trying to bounce off.
If so, we'd have the bullish impulse.


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