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palicska
Jun 21, 2018 1:01 PM

IFXD shows bearish signs Short

INFINEON TECH.AG NA O.N.XETR

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CHXEUR:IFXD

On a technical basis IFXD shows bearish signs, according to my personal opinion. It seems to have reached the end of the cycle level wave 3 that reached the 2,618 Fibonacci level of the 1st wave (from the bottom of wave 2) and now it should make a corrective A-B-C pattern till it reach wave 4. I guess this process will take several months even years.
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