palicska

May infineon begin the primary 5th wave

Long
XETR:IFX   INFINEON TECH.AG NA O.N.
Infineon seems to have finished a primary 4th wave correction. It looks like a zig-zag. Wave C equals wave A. If the price does not go under the yesterday low, than I would guess it has begun a primary 5th wave. If it goes under, that means the correction is not finished. Much depends also on the overall performance of the DAX either. DAX has left a final fifth wave from the correction I guess (see link below).
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