NOR 0.00% 4.1¢ norwood systems limited

NOR charts thread, page-2190

  1. 451 Posts.
    Ok Orwel I'll bite.
    Quote from my original reply "as you said trying to plot a wave over such a short timeframe, low liquidity stock is not all that useful and not what Elliot wave was designed for." how am I disingenuous, I thought this was agreeing with you!? and the reason I think it is not going down to 2-4c is more because there are a lot of people holding around 8c and it would take a decent catalyst for it to drop like that. The business seems to be ticking along nicely. Yes your elliot wave count is plausible (if either of them are in fairness) but to use elliot wave in isolation is not a wise move and certainly not on a micro cap spec stock. To bring it to a thread such as this and only give the negative view where there a bunch of nervous nellies not well versed in TA....I do question your motives I must say...
 
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