I m also learning. The wave is not measured when up only. It also measure the reversal point. And this is at wave A ie bottom and looking for the inclination
Linabee, Kekekeke....it takes a lot of counters and observation to learn thru experience. Some are my own interpretation as there are a lot of small ripple. But whatever it is it cannot b too far off.
There is 100% willing to buy at selling price 0.44 and 50% willing to buy at selling price 0.445 however highest volume is at 0.445. This means that there is willingness to buy but very cautious and will only buy if cheap due to weekend and negative announcement
That's becoz of wave 5 to A is a decline trend and A shd be bottom. And the recent up to 0.46 before dropping back down is good but must not drop too far down. At 0.44 and moving up again is good....very good
hi any someone expert here can explain to me that this stock, the RSI is coming to oversold condition, does it mean that it will rebound soon? how undervalued this stock is?
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sharizal78
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Posted by sharizal78 > 2014-05-14 08:18 | Report Abuse
sign to move north?