Hi Will, Do you have an alternate count for this? Primary count is close to be invalidated
Will_Wong
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@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.
virtual_trader
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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
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@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.
virtual_trader
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@Will Wong, Thanks! It sure does look like a nice a smooth wave on daily chart.