Accor SA (AC) - choppy or trendy - what’s next big move ?

Accor SA ( AC - France) has completed B wave down in ABC wave correction pattern, where C wave is started moving up. Wave 1st of C already over and 2nd wave correction is on the way, so wait for it’s completion to get in to trade. But keep eye on invalidation level of 22.59 as stops, which is the low of wave 1 to invalidate the C wave In 4 hr chart it completed C wave downside and now its correction as new cycle is under progress. In weekly time frame, it is on complex correction and will extend it once it the upper new cycle will over as shown in chart.


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