the downmove from 0.62 to 0.435 is a corrective wave 'a'of phase 4 consolidation..notice that there is no 5 wave sequence,now its the wave 'b' up,good luck.
CT, you know what, I have learned being discipline to cut loss from you...but never learned to stop my itchy hand from jumping in whenever seeing the "opportunity" which always bring me to Holland at the end... hmmm... gtg...hehe
good morning...A close abv 0.545 is needed to call for further upticks,a retest at 0.62 or abv.There r 2 scenerios..sc1)Continuation of phase 4 consolidation n current upleg is a wave 'b' n we shudnt accumulate unless it closes abv 0.545 in a normal mkt.sc2)Its a new wave up,corrective wave C,n it shudnt break below 0.465 from now on this count..target 0.67 minimum n maximum 0.79 OVER the med term.I prefer sc2.
sersol is consiladating. Tactic has changed. Go up slowly is good trend. Go up fast- sell because it can go down fast. It have achived buyer interest so far but it have to be pushed back to 1.00 eventually. It should stay around this price for the next 3-4 trading days. Happy hunting.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
babysohai
410 posts
Posted by babysohai > 2013-11-22 14:53 | Report Abuse
One way ticket to north. No hand brake. Turbo on