Hornbach Holding - Wolfe Wave on the edge of a breakout

After the price slump following the last quarterly earnings hornbach consolidates. Given the daily chart this slumps was the 5 of a potential bullish wolfe wave now ready to break out.

Yorum:

Get active but never reached the target line, know beyond the APEX in time and price and therefore DEAD!

Holding some Hornbach as investment position, current level maybe a potential bottom level from the chart point of view

Yorum:

One may check the last move to be a BnR pattern, will analyze it the next few days.