EWFcw

Dentsu Group ( 4324 - Tokyo) - ABC wave pattern

Short
TSE:4324   DENTSU GROUP INC
Dentsu Group ( 4324 - Tokyo) is in 5th of C wave down of Y wave in Weekly time frame from the top made in 2015. As shown in chart the 5th of 5th wave of C down is in progress after 4th wave completed in ABC correction. It is a huge under-performer to the market and easily made a new low if it retained the invalidation level (red line).

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.