I like this stock because it charts well (a combination of Gann and Elliott techniques nailed the top) and is a global play. I have not attempted to label the waves but it looks like a 1,2 1,2 combo of some sort and some kind of big 3rd wave coming.Just as 1440 Gann level (4x360) was important at the top,1080 (3x360) looks like it may have stopped the current rally,in which case we shall be watching 900 and 720.
Saturday, 1 October 2011
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