15th Mar
Misread this one. Being an extension move there was just a name sake Wave 2 correction and it just raced.
This is a stock of Special interest to me.
Before giving the reason quick EW counts of the stock
Super Cycle Wave 3
Cycle Wave 3
Primary Wave 3 and
Major Wave 1 now running
In Major Wave 1 it has completed Minor Wave 3 and heading for Minor Wave 4 to around 567 or below and then should complete Major Wave 1 around 618-625. Once it completes Major Wave 1 it would retrace to complete Major Wave 2.
Now, the reason why I said Special Interest in this stock is because at the end of Wave 2 is our entry point for a POTENTIALLY EXPLOSIVE COMBINATION of Wave3 of Wave3 of Wave3 of Wave3. And such combinations are rare in the life of a stock and can take it to real dizzy heights. In this case to levels 1600 -2000 or more over long term.
We start monitoring this stock on weekly basis to confirm the counts and look for the entry levels just a few weeks away for long term investment.
Misread this one. Being an extension move there was just a name sake Wave 2 correction and it just raced.
This is a stock of Special interest to me.
Before giving the reason quick EW counts of the stock
Super Cycle Wave 3
Cycle Wave 3
Primary Wave 3 and
Major Wave 1 now running
In Major Wave 1 it has completed Minor Wave 3 and heading for Minor Wave 4 to around 567 or below and then should complete Major Wave 1 around 618-625. Once it completes Major Wave 1 it would retrace to complete Major Wave 2.
Now, the reason why I said Special Interest in this stock is because at the end of Wave 2 is our entry point for a POTENTIALLY EXPLOSIVE COMBINATION of Wave3 of Wave3 of Wave3 of Wave3. And such combinations are rare in the life of a stock and can take it to real dizzy heights. In this case to levels 1600 -2000 or more over long term.
We start monitoring this stock on weekly basis to confirm the counts and look for the entry levels just a few weeks away for long term investment.
DAILY CHART
MONTHLY CHART
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