hi kman,
yes you have drawn my worst nightmare (no chance to dump shorts there! ;) )...
(personally I'd have the terminus of wave 1 at the next higher point up)
wave 4 as shown is one distinct possibility - a symmetric triangle... but I'm still hoping for final plunge to low $28.00's before the final wave 5 rise... some aspects of the structure in wave 4 so far lead me to expect this...
it does seem logical, given the upcoming dividend... and also fits the larger overall pattern...
guess we'll see soon enough?
regards,
ultrafart.
chart - jc and ultra fart, page-4
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$131.66 |
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