Elliot wave count

This is a very positive signal! 5 consecutive wave degrees show a clear POSITIVE trending up, as well as a positive Risk to reward ratio, which indicates that the target has not yet been reached.

This signal applies to long/Med term investors for the medium term for price moves of possibly 30% or more, since Primary, Intermediate and Minor Wave degrees are all up. The most certain price target is the target of the Minor wave degree, which is in wave 3, at 0.425 or percentage wise 16.74%.

Normally also the target of the next wave degree could be reached at 0.445, which is in wave 3.

For Future and Position traders, Wave 4 consolidation is ending/ended on last week Friday, most likely support at $0.360/0.355 were hold strong, this signature was appear on last Friday( double spinning top happen on retracement ) , I am anticipate it will try to break immediate strong resistance at $0.395 near soon. after $0.395 breach it will heading to 0.420/0.445/0.475

My trade Plan

I bought this stock at $0.365/0.370, My profit target is $0.420/0.445, I will lock partial profit if price halted at $ 0.395.

My Stop loss < $ 0.355.

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