Xunlei Ltd. ADR
Panjang
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Bullish Count

178
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
Nota
no immediate bullish pattern
Nota
syot kilat
Nota
If the above count is correct, the blue wave {c} is at its late stage
Nota
syot kilat
Nota
syot kilat
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
syot kilat

Penafian

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