Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
twobits... don't like the current movement on comcord. Anyway, oledi up liao. It was not in my watchlist so was not aware it has move up. Sayang. Hahaha.
coldrisk .. have not cooked sea cucumber before ! normally mum will do and she knows how to soak the dried ones to become soft n plump :) happy chinese new year to u and family !
cwingz .. hope i am seeing the followings !!! however, do note the extended wave 3 stopped at 29.40 and not 30.12 :(:(
Feb 2, 2016 10:06 AM | Report Abuse based on the hourly chart, this downleg may stop at 30.12 to complete extended wave 3 ... then take a breather to process wave 4 rally with tp 31.75 (38F) ... finally one last wave 5 downleg to my tp of 26ish :)
Posted by connie > Feb 3, 2016 04:02 PM | Report Abuse
cwingz .. hope i am seeing the followings !!! however, do note the extended wave 3 stopped at 29.40 and not 30.12 :(:(
Feb 2, 2016 10:06 AM | Report Abuse based on the hourly chart, this downleg may stop at 30.12 to complete extended wave 3 ... then take a breather to process wave 4 rally with tp 31.75 (38F) ... finally one last wave 5 downleg to my tp of 26ish :)
evel ... after she hit 34.8, she goes spiraling down :( i count the subwaves of this southbound journey using 5-waves seq and she shud be on wave 4 rally now !!
think crude oil will rally to these figures 30.48 / 30.58 / 30.67 !!! around this range that is .... supported by some calculations which i won't show here in case they confuse ya :)
1) from m15, a of wave 4 is 29.93 - 29.40 = 0.53 .. i use 1.62 of this quantum to compute c of wave 4 so 29.40 + (0.53 * 1.62) = 30.48
2) extended wave 3 is 34.40 - 29.40 = 5 .. i use 24F to compute wave 4 rally so 29.40 + (5 * 0.236) = 30.58
3) subwave 4 of extended wave 3 terminated at 30.67 .. based on elliott's guideline, wave 4 of one higher degree shall rally to the terminus point of a lower degree .. so expect to see wave 4 to go up to 30.67
convergence of a few calcs (3 figures pretty close) that give us (or me at least) some confidence level that the rally will terminate around the range mentioned above !!!
Thank you very much Connie for all the information and sharing it everytime with all . You are amazing and please keep it up as it is so helpful for everyone in this site.
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....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/