As you can see on the chart the 4th wave is underway. Waiting for the end of Wave B of (4) which will be followed by wave C of (4) with a target 13.60$. The 13.60$ level is a potential buying area. For now we keep a watchful eye on the stock...
This is really great sir, Your chart is really great, I see the completion of 4th wave. Are we still targeted for Wave 5?
Eliarich
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@Cyberdem, glad you liked it, well was targeting a lower level for the 4th wave, but was completed at higher level. Wave 5 was reached around June 30th I think
Cyberdem
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@Eliarich, You are welcome. I am new and trying to learn the charts. What is your opinion on this stock for next one year based on the chart pattern?
Eliarich
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@Cyberdem, this is not how things work, i search for stocks that have specific patterns that i think would be profitable: So I select stocks based on technical criteria. If you would like to learn we can do some sessions, i can teach the basics.