$JSEHYP - HYPROP Inv Ltd: A Close Up View - Still Bullish
First time coverage; see link for long-term view.
The 2020 bottom has held firm.
The rally to 3903 cps unfolded in five wave as a leading diagonal for wav (2).
The correction to 2524 cps for wave 92) looks complete; 2524 in the invalidation level for this view and should be the stop-loss level for more aggressive traders.
If this wave count is correct, the stock is now in the early stages of what should be a very powerful impulse wave (3) which will also unfold in five waves.
The 2020 bottom has held firm.
The rally to 3903 cps unfolded in five wave as a leading diagonal for wav (2).
The correction to 2524 cps for wave 92) looks complete; 2524 in the invalidation level for this view and should be the stop-loss level for more aggressive traders.
If this wave count is correct, the stock is now in the early stages of what should be a very powerful impulse wave (3) which will also unfold in five waves.
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