This ctr hard to play, it start to fly 0. 26~0.27, reach 0.35 highest then fall till today 0.305, the trend nowsaday look like wanna make it high volumn nia, the price maintain at 0.30~ 0.31. My point of view nia...
Thick of Seller queue at 0.365, those buyer keep on eating eating and eating. For the one year daily chart, 0.365 seems to be the resistant level which i think breaking up should be moving
0.335 should be the entry point...my opinion is the range of 0.33-0.35 for entry....next target to test is 0.425, but for monthly 10 years,0.445 is the main resistance....correction by 61.8% suggesting 0.335 is the lowest point....
from 1 oct 2013,till 20 feb 2014, trend already making 4 pattern wave, now solutn is in 5th pattern wave that should be uptrend......fellas, check the trend timing i gave, can see each wave at 2nd & 4th, the corrections were 61.8% fibo.
anything following the elliot wave by first 3 pattern waves can be assumed as elliot wave generally, but this is amazing, 1st till 4th waves it really follow the EW, so u can imagine what the next movement direction for this comp
and another interesting stuff is the shooting star @ inverse hammer at the bottom of downtrend....this is the powerful sign of direction reversal too..and last thing, 24 to 26 feb, candles have the high opening price from each previous days
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....
eu7985
1,086 posts
Posted by eu7985 > 2013-11-04 09:53 | Report Abuse
Seem like no body is playing this ctr, so Sunyi here....