Cheetah Mobile Inc. (CMCM)
6 years ago in #haejin by haejin (85)
$46.10
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Since this was a downward cycle of three waves, if price breaks the trend line, would you be expecting a three wave upward sequence or can it be five waves also?
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It would be a five wave. They always alternate. Since the red ABC are complete, an impulse of five would be expected.