NASDAQ:DVCR DIVERSICARE HEALTHCARE SVCS IN
Here is a final example showing the chart made the best rallies when all waves were above 0. Using the indicator in the compact form makes it easier to inspect potential charts quickly, in order to participate in the profits anytime during the rally event. Perfect timing of the waves crossing 0 is not required for trade entry, an initial stop could be the last swing low. The number of shares bought could be sized so that if the trade is stopped out, the loss on the trade is less than a couple percent of the total portfolio value. The indicator quickly signals when the rally is over near the final peak, when any one of the waves goes below 0. Any one of the six waves could potentially alert that the trade is over, and that it is time to move on to the next chart from an unlimited supply.