Macca,
The ELK chart is unbelievably bullish. I honestly cannot recall seeing a better setup over the last 2 years as far as a high probabilty trade goes. I can search for Darvas Boxes on my momentum monkey software lol glad you liked it.
ELK has All TA boxes ticked.
Whilst I think we are in for a minor correction (everyone is expecting it so a major correction is unlikely imo) at least ELK is at least in the most desirable sector in this uncertain period.
I am getting real confident on her now - over 50% of my PF so my nuts are really on the line lol
I expect her to break 78.5c and run to $1.20-$1.30 real quick - especially given how thin the sell side has become with larger holders having accumulated heavily over the last few weeks going by the daily action from what I could see.
good luck mate
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- looks like shes ready to test 78.5c resistance
looks like shes ready to test 78.5c resistance, page-10
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