chart updates, page-25

haspete

Thanks for sharing the chart - as always, your take makes a lot of sense. Given my preference for long positions the bullish C&H is much more appealing than the bearish DTs scenario.

The daily OHLC chart for AOE below uses the low of 21 Nov 2008 & the high of 21 May 2009. If AOE's retrace continues we may see Fib Level support @ $3.20 [38.2%], $2.95 [50%] & $2.69 [61.8%]. FWIW I bought a small parcel today & will use the 38.2% Fib Level as my stop loss should the retrace deepen.

On the chart below the large sky blue "4" represents possible retrace levels below the current Elliott Wave 4 level.



4YIO - NFA - PDYOR