Elliott Wave Count
In nutshell, Eduspec is in bullish wave implication base on Elliott Wave formation, I am pretty confident this stock is under "big boy" radar as the wave count on cycle is wave 5 and retracement is under intermediate, minute and minor wave count is under wave 3, which will attract med term and position trader in to the game !!!
I bough this stock at RM 0.345 and below is the target of various professional/traders/investor preferable target and stop loss point base on Fibo extension and retracement for my reference
Action : Long/buy 4 wave degrees uptrend
Type signal : Breakout, consevertive
Applies to : Institutional investors
Conservative Target : 0.400
2nd Target : 0.575
Wave degree (1st) : Primary (Wave 5)
Exit Alert : <0.22
Action : Long/buy 3 wave degrees uptrend
Type signal : RETRACE, agressive
Applies to : long term investors
Conservative Target : 0.390
2nd Target : 0.550
Wave degree (1st) : Intermediate ( Wave 2 ending and wave 3 start)
Exit Alert : <0.320.
Action : Long/buy 3 wave degrees uptrend
Type signal : RETRACE, aggressive
Applies to : Med term investors/Position traders
Conservative Target : 0.515
2nd Target : 0.725
Wave degree (1st) : Minor/Minute ( Wave 2 ending and wave 3 start)
Exit Alert : <0.320
Action : Long/buy
Type signal : Combine all
Applies to : KLSE TA
Conservative Target: 0.390
2nd Target : 0.415
Wave degree (1st) : Minor/Minute ( Wave 2 ending and wave 3 start)
Exit Alert : <0.320
Note: you may observed the Target for longer term price is lower than shorter term, that is because of the longer term investors/tradesr purchase prices is lower with the fibo extension calculation.
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Created by mwong3 | Nov 21, 2020
Created by mwong3 | Nov 18, 2020
Created by mwong3 | Nov 18, 2020
calow1
I have heard of news coming with Eduspec getting some kind of projects... Again.. I heard. U know la.. :) Haha. But news are Good.
2015-03-31 18:23