CRK carrick gold limited

chart

  1. 6,489 Posts.
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    Elliott wave count appears to have completed with our low at 34c save the occurrance of a fifth wave extension.

    wave 4 got nowhere near it's technical maximum of 48c
    I guess we now need to see a motive wave & following corrective set a higher low to confirm trend reversal.

    the falling wedge is also complete and we have drifted out sideways, I expect we will continue sideways until daily volume falls to nothing. & then we can have a run.

    If anyone is good with reading MACD I beleive we have formed a positive convergance, wouldnt mind someone else confirming my reading of it though.

 
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