CPV Chart Thread, page-2441

I wouldnt worry about wave counts on Daily, or hourly charts because we are in Wave 3 on the Weekly chart, And I dont think this is the peak of wave 3 yet.

The MACD on the Hourly chart has many waves on it, I was in 2 minds today so earlier I sold a small parcel at 81c and to my amazement bought it back after lunch for 67.5c , I didnt expect that but it offset todays pullback for me a fair bit.

But based on the hourly MACD, the dip is mostly done, the 5 min, 15 min etc are curling bullish again. These IMO will entice enough momentum for us to rally again , Its just hard to guess how far up.

It may only get back to 83, But I have other factors that point to 92 being my prediction on the Weekly wave 3 peak.

As with all guesses, they change day to day based on what is happening now, then guessing whats probable to happen next,

But at 67c, I cant see how this is anything more than a technical short term sell off on the hourly MACD chart. IMO its just a short term swing that will swing back up and re-test the highs of 83 c this week.