DayOne

DayOne | Joined since 2014-04-30

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2014-05-02 00:54 | Report Abuse

Hi duitkwspkita. May I know your opinion on MAYBULK? It has been dropping recently.

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2014-04-30 21:51 | Report Abuse

Hi all. Nice to meet you all here. Hope I can learn some Elliot Wave theory from you all. Happy trading and investing :)

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2014-04-30 21:48 | Report Abuse

Hi all. I think Jenny is saying $1.80 might be based on Fibo 61.8% retracement. But I don't think it's going to happen because there is SMA50 supporting @ 1.92. That's the lowest you can go.

The chart of SBCCORP is very bearish right now (in short term). Plus, with the current market sentiment, this is unavoidable. The immediate support is at $2.15, with the next support @ $2.04/2.00.

My humble advise: If you haven't taken any position, wait for reversal sign. Solid bottom hasn't formed now.