$FUTU showing that it moved with the HSI too, also holding the double 0.618 Fib level and bouncing aggressively out of the wedge, above the 50 and 200 Day MA and straight through the blue line up to the 1.618 Fib target for Wave 3....yes it has gone extended but this is not a normal 2 weeks, China has fired a bazooka of stimulus measures, people who have probably never invested in their lives are buying stocks in China, this is not common
So Waves can go extended but what we are guaranteed to see is a pull back when Wave 3 is complete.
THESTOCKS
2024-09-30 15:26:04 +0000 UTCDavid Martin
2024-09-30 14:22:30 +0000 UTC