wsbza

is Yahoo close to another big sell off ?

wsbza Updated   
NASDAQ:YHOO   None
8
The idea is 5-wave impulsive move followed by 3-wave correction, we may see another 5-wave sell off once the correction finish
The rally since mid Feb this year looks like zigzag and it has retraced about 61.8% of the previous 5-wave drop

but there is no clear price evidence shows the c wave is complete
Comment:
the internal structure of the c c wave may follow either blue or yellow labels
Comment:
one more push to a new high to complete the c wave?
Comment:
looks like c wave ended at 49.92

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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