Hermes International (RMS - France) - Bulls are taking control Hermes International SCA (RMS - France) is in 5th wave up in 2 hr time frame from last swing major low. It is in 2nd subwave of 5th wave up, which may go down more for correct the 1st subwave, but invalidation level of 731.30 must hold to validate the count. Alternate ABC 4th wave correction is possible, which confirmed when 731.30 level broke and price go down, but that 4th wave correction will not go below 698, otherwise the impulse pattern is invalidate. So trade according to invalidation level. It is in 5th wave in weekly time frame as shown in chart, which is also in extension. It is too strong and out-performing to CAC40 index.
