cyclewave
Long

Hitachi Ltd (6501 - Tokyo) - C wave up

TSE:6501   HITACHI
Hitachi Ltd (6501 - Tokyo) is in Technology stock in Japan, which in WXY pattern in Weekly time frame from 2010 low and currently in Y wave up in ABC sequence. Price is in C wave up, which confirmed when it completes five wave sequence in smaller time frame say 60 min. In 30 min time frame it made A wave up followed by complex B wave. Now C wave up is in progress with 3 wave set up. Within this week the earning will be release after 4 days. 3293 is the level which is currently acting as resistance and once it will broke, price will be rallied so fast towards C up.

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