Heading to Ascending triangle breakout TP 0.565 if 0.55 broken.

Reiterate sub 5th wave TP at 0.55 in conjunction of Wave 3. Coz this is Wave 3 extension.

Yes.

Good level to accumulate at 0.52.

As Sub 3rd wave TP achieved at 0.53. Sub 4th wave is being formed in range bound and the retracement level is still maintain at level 0.51-0.515. Once break above 0.53 will lead us to sub 5th wave TP 0.55 (in conjunction with 3rd Wave if this is 3rd Wave Extension).

After the ascending triangle breakout at 0.47, the breakout TP would be 0.565. At the meantime, sub 3rd wave TP is still intact at 0.53. Therefore, 0.565 could be potentially TP for sub 3rd wave Extension or sub 5th wave.

@IK, This is before the coming quarter result out.

IK, I believe more houses are going to release higher projection soon and ride with us.

Patrick, thanks for the analysis. Can you project the target of Inverted H&S on the index? It may be better off to refer how much room for property sector to the upside?

RJ87, I believe it won't touch 0.50 - 0.505 anymore. We may see it at around 0.510 - 0.515 the lowest retracement range before next up burst.

Broken up firmly resistance at 0.50 on Nov 2016. Sky super clear.

Close above 0.52 is better off for next week to breach 54 Aminvestment barrier.. Huat at

Strong implusive 3rd wave is continue.

Captain Mabel Sparrow, our path is clear now. The sky is clear and no hog on sea. We will increase the speed of our cruise riding along Wave 3 to breach through 0.54 towards 0.60.

Paktua, the Navy swing comrades, let's path the road to 0.60.

Other comrades, let's ride together.

Continuous trend emerge next week if Close above 0.505 tomorrow

Squeezing and would retest 0.505 tomorrow

@winmal If Armada hold above 0.50 ... Next TP 0.53

Agree. The sub 3rd wave TP is 0.53.

As we aware once it breakout 0.505, I believe most houses will start to upgrade BA with higher TP and Aminvestment will shifty to revise their current TP 0.54 to higher. The waves will be Implusive as what Pang72 called acceleration.

Folks, we are at sub 3rd wave now. Coincide with 3rd wave of short term, 3rd wave of medium to long term. Buckle up. Can collect at potential retracement level at 0.48 - 0.49.

Need more houses to revise higher TP to drive more buyers.

Wave 5 achieved.

Plagiarism check must be carried out before they release the report. Or mikekilm is DBS analyst? Possible.. :)

0.14 is the end of Wave 5.

Hopefully other houses would revise and upgrading BA other than Aminvestment.

0.47 support be must hold for further test 0.50 hurdle. If weekly play return, it must close above 0.505 on Friday.

Patrick Thebull, allow me to share my wave counts which is slighly different from yours. Wave 2 started on 10/23 and Wave 3 ended on 10/31. Well, Wave 4 is ending around currently level at 0.115 after retracement of 61.8%. Expecting a weak Wave 5 travel back up to 0.14 with a weak PTI at current setup. A fail wave 5 may emerged.

Patrick Thebull, allow me to share my wave counts which is slighly different from yours. Wave 2 started on 10/23 and Wave 3 ended on 10/31. Well, Wave 4 is ending around currently level at 0.115 after retracement of 61.8%. Expecting a weak Wave 5 travel back up to 0.14 with a weak PTI at current setup. A fail wave 5 may emerged.

Since Aug rally, the first and ever week that BA was not closed above weekly BB. No weekly play catchup.

@micsoh If break 50sen , means 5th ware start, I think at least 60sen because this maybe the last ware, sure they will push the limit

In daily view, this would be a brand new 5 waves up again after the completion of ABCDE correction if X wave does not realized. Yes, X will not be forgotten if 50 cts broken and brand new 1st wave up will be taken place again. Tomorrow will be crucial whether it will closed above 0.48 for setting up better chance to break 0.50 next week. Or it is better off if it can break and close above 0.50 cts tomorrow for earlier confirmation.

Major hurdle to be broken is 0.50 at 200MA again.

Yes, 0.47 broken. Whole correction cycle is done If close above 0.48 tomorrow.

Wave E completed at 0.445. Ascending triangle forming up with resistance of 0.47 breakout level.

Smartinvestor2030, E wave should be counted one wave by wave at one point in time. Otherwise, you have to revise the wave count everytime when price does not move in E wave rules.

@Mabel, Technical indicators can be an invaluable tool if you know when and how to use them, and what the indicator is trying to measure. The fact is, most don’t understand how their indicator works.

I am fully agree with it. Indicators are lagging indicators and so it always be secondary reference as compare to prices movement. Price distortion can wipe out all signals from indicators.

For some point of TA perspective, it may be irrelevant for someone but not for TA practitoner. However, we as TA practitioner always be prepared for all possible circumstances. Well, I will be water too if necessary. "Be Water my friend" - Bruce Lee.

Hello, Our Captain Mabel Sparrow. Nice for intepreting more on our ship wave. Let's ride it up After Wave E and possible X wave end. Hopefully no X wave. The most subjective wave. After the closing, I saw some bearish divergence on the starting of E. Seems it may come to form accending triangle upward. E should end at around 0.435- 0.445. Let's see. If weekly play still intact, it should close above 0.48 on Friday. Solute my sifu Peter and Steven. Cheers

Wave C ended at 0.41 after diagonal breakout last week. If consolidation still taken place, expecting Wave D is emerging to 0.445. Otherwise, we are in Wave 1 of new bull wave if it break above 0.48.

U & Me, the candle touched 20MA line (middle of BB)

It was considered reversed from 20MA even it was not touched. Investor learned from prior move. However, it is encouraging for further upside next week if it closed above 0.45 later today.

Must close above 0.45 tomorrow in order for weekly trend up next week

If the diagonal formation of Wave C realized, no doubt it would fly again.

If it can closed above 0.450 on Friday, perhaps can give an uptrend bias next week.

Stingray..most important.. Whats your next target? This is matter.

Wave C underway

Thumbs up..paktua...lets see whether wave C has just started or otherwise.

We welcome all kind of traders to make waves including swing traders.

Paktua, you better Swing it right for all of us to make money together.

Yes. If B wave expansion not realized, we might see a regular flat B wave ending in between 0.45 to 0.50 before C wave down move.

Aminvest house upgraded target to 0.54. This price would be B wave expansion TP before C wave down again. Pretty fishy. Hopefully its not a trap.

Hopefully weekly play is still adopting till Friday, otherwise it would goes consolidated for weeks.

If quake on deep sea, that is something need to be assessed. Is that area close to Ring of Fire?

Hit 0.5 at 200MA weekly before smash.. First 61.8% retracement achieved for almost completing A wave. let's see how ABC correction wave being constructed in coming days.

Ooo... Extension 5th wave end?

Yes...up up up

IK, hope so.

Yea.. Here we go next week