It's posible on Realty Income (O), we have a Gartley, idealyt the PRZ should be at the 0.786 price , but it didn't reach the 0.886 -at least today-,and it is very near to an AB=CB. The stop loss to me would be the X point for the Gartley or the minimum of Nov '16, 52.78. I'm long from 54.61 with a Target1 of 1/3 of lot on 57.57, my intention is let rest of position for income dividends. Moreover it looks a nice ending diagonal being going on. Let's to see how next week develops.
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I entered too early although the stoploss was not reached. Today I've closed the third part of position at 56.97. Let see if higher prices are coming soon, if not, risk decreased by today's sell.
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Stopped out.
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Amanita
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Any idea or diferent point of view will be welcome.!