tradingformoney

Strng tk crss,Wave D(N)formula lines on a weekly flat kumo top

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NASDAQ:AEGR   None
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Talk about a good morning to wake up to.
Aegerion gave a strong tk cross to the downside along with price and the chikou span closing below a swing low.

The N wave price formula lines slightly above a prior weekly kumo flat top.
(please look at a publish that i posted this morning that explains in detail the formulas
on the price formulas)

The n value gives a prediction of wave d to go to 19.12. While the flat kumo top is at 18.86 on the weekly chart.
Going into the morning I am extremely bearish on this stock.

if your looking to short the stock, place a stop slightly above the swing low which is wave C or if your looking to short using options. The method of options is upto you.

Price Projected to 19.12

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