BursaWaveTrader

Itronic ready for a technical rebound?

Long
BursaWaveTrader Updated   
MYX:ITRONIC   INDUSTRONICS BHD
Itronic, Major correction after 5 waves impulse.

major correction pattern ABC ZigZag and at the moment has retraced up to its usual limit of 161% of Wave A.

Im expecting at least a technical rebound from here.

if price can break 0.265 resistant, it may trend higher to 0.285 / 0.305 / 0.365
Comment:
Almost there

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.