Profile Help Forum Rules Advanced Help Last 1|3|7 Days Search Forum Tree View

Incredible Charts now with US Data AMEX, NASDAQ and NYSE data OTC BB and Pink Sheet stocks more than 500 market and sector indices FREE trial - Click Here

Thread   Start New Thread   Last Poster Posts Pages Last Post

Author Message  hershy Member Username: hershy Post Number: 2270 Registered: 10-2002 Rating: N/A Votes: 0 Sunday, May 10, 2009 - 09:26 am:     Views invited. As I see it, Crown has peaked at the lower range I targeted for EW3, at 1.5% the size of EW1 and is poised to retrace to somewhere above $6.36 which is the top of wave 1. With a previous high at $7.50 the reversal here is not unexpected. Whether the new wave (EW4) reaches as low as $6.36 or not is impossible to predict but can be expected to occur with a reasonable degree of confidence is the next upward wave will go above $7.82 and in fact I target would place the top of this wave around $9 and as high as $9.20 - a previous high and obvious resistance area. Even in my present state of terror, that looks like a risk worth taking. Almost a guarantee to succeed . (Yeah, righ !) But if this does go to plan,one is looking at an ROI of a minimum of 23.28% if one enters at Fridays close - but that would seem premature It is interesting to note the two triangles (continuation patterns) just to the left of my number 4, they were both targeting $7.25. I do it doji style ! http://members.optusnet.com.au/~hershy/

Add Your Message Here Post: -Color- Black Red Green Blue Yellow Purple Orange Cyan Gray White -Font- Arial Courier Symbol Times Verdana -Size- Smallest (-2) Small (-1) Normal Large (+1) Largest (+2) Username: Posting Information: This is a private posting area. Only registered users and moderators may post messages here. Password: Options: Enable HTML code in message Automatically activate URLs in message Action:

Threads by Last Post Time:

First 1 2 3 4 5 6 7 8 9 10 Next Last

Administration   Log Out     ««  Previous  Next  »»