A series of 1-2 are under construction to make a big change in ACLX. I wait for the next candle formation to find a bullish pattern. Maybe a morning star. Keep watching.
#CSCO moved up to fill a gap and is declining for wave 5 to fill another gap that happened on Nov. 09, 2020. I wait for a minor uptrend then take a position. It may happen around 39.35. Stay tuned.
Triangles are a correction five-wave pattern and a triangle could be formed in a wave four in an impulse or wave B in a zigzag. Alternation guideline and the channel technic bring the triangle idea in my mind and I expect to see the completion of this wave on the end of April or the first week of March.
It seems a Bullish trend is on way. H&S neck has broken and second resistance will act as the breakout target. Note that the chart is the weekly chart and need to check the daily chart for entry point.
![LK: Is Wave [4] completed?](https://s3.tradingview.com/k/kpzqBWaN_mid.png "Is Wave [4] completed?")
