Will Wong

TWOU: the down leg did materialize to test the 200 ma

166 5
And the Fib 50%. The momentum could take it further down to the Fib 61.8 and the bottom of the BB as well
Sep 21
Hi Will, Do you have an alternate count for this? Primary count is close to be invalidated
Will Wong virtual_trader
@virtual_trader, Posted a new chart with a triple bottom with a wave 5 target of $149 but be careful. This stock has a lot of short interest.
Hi Will. Question on wave counting. How do you count subwaves when the swings are not very apparent. For example in sub-wave i the swings are very tiny and not "wave-like" even on lower timeframe.

Thanks for posting this. I entered a long position today after a .618 retracement. Been tracking this since you originally posted this :)
Will Wong virtual_trader
@virtual_trader, Sub wave (i) is one long smooth wave which I count as one wave without the need to look for the 5 sub-waves within it. I am sure I can if I go down to an hourly chart but it is not necessarily to break down a wave into its sub component when it is so obvious.
@Will Wong, Thanks! It sure does look like a nice a smooth wave on daily chart.
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