TradingSurfers

SINCH (Weekly) / Elliott Wave Analysis

OMXSTO:SINCH   SINCH AB
No idea what is this stock but it is very technical. Clean impulse with an extended 5th in W3. Hidden bull and weekly RSI bull market support. There is a possibility that the bottom is in and that we are still within subwave III.

We broke the opposing GZ short and are now sitting on the GZ long. Nice iH&S pattern. 4H RSI bull div with a double bottom.

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Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
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