Infineon seems to have finished a primary 4th wave correction. It looks like a zig-zag. Wave C equals wave A. If the price does not go under the yesterday low, than I would guess it has begun a primary 5th wave. If it goes under, that means the correction is not finished. Much depends also on the overall performance of the DAX either. DAX has left a final fifth wave from the correction I guess (see link below).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.