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4CE - Pegmatite Hard Rock Reached, page-179

  1. 1,025 Posts.
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    The highest point is an outlying range - the algorithm is set to account for a VWAP
    The elliot wave is a long term wave - as you can clearly see. The crossings you refer to are short term and generally lagging indicators, and are relevant to short term trends (trade opportunities) - if so inclined to trade that way. They however are important indicators when respecting a trend. Same for Fib - you could place it intra-day if you really wanted if it think you are personally going to benefit (which i doubt of such a low volume stock). This is not blue chip volumes you understand. The support indicators and drying up volumes trigger the wave 5 alert, however this is clearly a fundamental stock, and news will blow TA out of the water (up or down). The purpose of my chart was to give the readers another perspective from a negative AVZ poster with little relevant charting information supporting your claims.

    That is basically all I will entertain a condescending downramper with explanation - more so for benefit of 4CE holders.
 
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