Up +9% in the PM now after the strong display by the HSI and Chinese ADRs in the PM.
Strong bounce on the 0.618 Fib and when the price action is squeezed between the 50 and 200 Day MA, this usually causes a strong move, and this strong move is now to the upside
Price has now made a higher high so I have added in the green impulse wave
Wave 3 is at the 1.618 Fib at $27.87 now
Diana
2024-09-19 12:23:40 +0000 UTC