hi Kacy, imo, have a look at a monthly chart and notice the advance then one month correction,,then an inside month and then resume trend.
next move into a weekly and see that each corrective month has formed a 3 wave Gartley pattern,,,,,
then go look at the daily chart or the one i put up on ZFX recently and see how after the 3 wave another isolation low formed higher than the low of the Gartley,,,,
this should happen again as is doing so now, you could measure the amount of the retrace in the other structure and expect the same here in time and price.
my opinion,,,,,when this isolation forms this is going to run away to the divy and the massive EPS momentum it carry's. i could be wrong though the world could fall apart this March.
back in my box now, Rags
ZFX Price at posting:
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