Xunlei LimitedPanjang
Bullish Count
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This stock has been moving sideways since it topped at 26.97 in November last year
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
it is possible to count the corrective pattern as double zigzag w-x-y
if the next move is lower degree 1 & 2 then we have a bull nest in the making
Nota
no immediate bullish patternNota
Nota
If the above count is correct, the blue wave {c} is at its late stageNota
Nota
Nota
Looks like the overall structure has met the minimum requirement of completion. Although another low to finish wave (v) of {C} is still possible.Nota
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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