🧠 Infineon (IFX.DE) - Massive Wave 3 in Progress 🚀 | Long-Term Elliott Wave Setup
Ticker:
IFX
Exchange: XETRA 🇩🇪
Chart: Weekly (W1)
Technical Framework: Elliott Wave + Fibonacci + MA + RSI + MACD
🧩 Context:
Infineon has completed a massive corrective wave II (labelled in red) and is now in the early stages of a multi-year impulsive wave III. The price recently rejected at the 0.236 retracement (~35€) and is currently back-testing key moving averages. This zone could represent a wave (2) low of the internal (1)-(2)-(3)-(4)-(5) structure of orange wave ③.
🔎 Structure Breakdown:
✅ Wave (II) (in red) ended as a WXY-Flat-Correction, possibly in 2020
✅ Wave 1 and 2 of wave (III) are complete
✅ Current projection: we are in blue wave (3) of orange wave ③
📈 Fibonacci extensions suggest:
1.618x of wave (1) = ~53.83 €
2.0x = ~63.77 €
2.618x = ~77.11 € – ultimate long-term target for wave ③
🟦 Major resistance: 35–36 €, now acting as support
🟢 Key Moving Averages:
MA (32.7), MA (32.3), MA (31.96) are clustered — strong support zone
📊 Indicators:
MACD: Turning bullish, histogram just crossed above 0
RSI: Neutral (51), still lots of upside potential
Volume: Recent spike suggests accumulation during pullback
🔔 Key Levels:
Level Description
32.7 € Strong support (Fib 0.382 + MA)
39 € Fib 0.5 retracement
46.78 € 2.618x extension of orange wave ①
53.83 € Target: 1.618x of current wave (1)
63.77 € Major resistance / Wave (3) top?
77.11 € 2.618x extension of wave ③
🧠 Thesis:
If the recent low was wave (2), Infineon could be entering a parabolic wave (3) move with +50–100% upside potential over the next 12–18 months. The setup is supported by Elliott Wave structure, MA support, and volume confirmation.
⚠️ Risks:
Breakdown below ~30 € (0.5 Fib) would challenge this count
Macro events (e.g., chip cycle, geopolitics) may affect the timing
✅ Strategy:
I’m watching for confirmation of the local low around 32 €, and then adding during retracements. Targets are scaled into at 46 €, 54 €, and 63 €. Final wave (5) of ③ may push up to 77 €.
Ticker:
IFXExchange: XETRA 🇩🇪
Chart: Weekly (W1)
Technical Framework: Elliott Wave + Fibonacci + MA + RSI + MACD
🧩 Context:
Infineon has completed a massive corrective wave II (labelled in red) and is now in the early stages of a multi-year impulsive wave III. The price recently rejected at the 0.236 retracement (~35€) and is currently back-testing key moving averages. This zone could represent a wave (2) low of the internal (1)-(2)-(3)-(4)-(5) structure of orange wave ③.
🔎 Structure Breakdown:
✅ Wave (II) (in red) ended as a WXY-Flat-Correction, possibly in 2020
✅ Wave 1 and 2 of wave (III) are complete
✅ Current projection: we are in blue wave (3) of orange wave ③
📈 Fibonacci extensions suggest:
1.618x of wave (1) = ~53.83 €
2.0x = ~63.77 €
2.618x = ~77.11 € – ultimate long-term target for wave ③
🟦 Major resistance: 35–36 €, now acting as support
🟢 Key Moving Averages:
MA (32.7), MA (32.3), MA (31.96) are clustered — strong support zone
📊 Indicators:
MACD: Turning bullish, histogram just crossed above 0
RSI: Neutral (51), still lots of upside potential
Volume: Recent spike suggests accumulation during pullback
🔔 Key Levels:
Level Description
32.7 € Strong support (Fib 0.382 + MA)
39 € Fib 0.5 retracement
46.78 € 2.618x extension of orange wave ①
53.83 € Target: 1.618x of current wave (1)
63.77 € Major resistance / Wave (3) top?
77.11 € 2.618x extension of wave ③
🧠 Thesis:
If the recent low was wave (2), Infineon could be entering a parabolic wave (3) move with +50–100% upside potential over the next 12–18 months. The setup is supported by Elliott Wave structure, MA support, and volume confirmation.
⚠️ Risks:
Breakdown below ~30 € (0.5 Fib) would challenge this count
Macro events (e.g., chip cycle, geopolitics) may affect the timing
✅ Strategy:
I’m watching for confirmation of the local low around 32 €, and then adding during retracements. Targets are scaled into at 46 €, 54 €, and 63 €. Final wave (5) of ③ may push up to 77 €.
Disclaimer
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.
Disclaimer
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.