Latest Chart Indicators, page-2

Amigos, if you are into Elliot Wave theory, I think there is something here for you. I am using the Commsec Parabolic SAR's indicator to mark out the sub-waves. Starting from the shareprice of about 40 cents, I see five sub-waves (ie different trends) to get to about $1:30, then 5 sub-waves to get to $2:10. We have just started the third stage of the Elliot wave theory, which by all accounts could be the largest and strongest of them all. I stand to be corrected because I am not an expert on this stuff, but it looks like we are in for an interesting few weeks, especially if there are some more good announcements. Good luck all.