elliot wave and fib suggest an upcoming correction. however, 10/30 ma looks bullish
short term 1216.24 mid term (month) 1221.18 cautiously long
Retest of 72.6 level Time the corrective wave ( range from ~6.7% - 13%...play it safe at 7.5% increase from entry)
Gaps (g) could attempt to fall one last time before fulfilling the head (h) and shoulders (s)
could be worth the risk above 100ma, but 200 ma hasn't seen any action in some time...not time to buy yet
I'm buying at the .618 of retracement if support @ .382 fails
Breakout is a close above the current level
pullback to .382 or .618 then on to 1.618 ... combined fib retracements/extensions and such as i don't have my notes atm. more to come. happy trading
I'm short until i'm long
Learn from my mistake. Bought in @ .66...after hours sunk to .49. I wonder what will happen tomorrow at 9:30? Bears (i.e me) will sell causing it to sink even further. AMDA to .26
Havn't done EW in awhile. Expecting correction.