Hi friends,
In my previous post on this thread, I mentioned:
"..... in the event that POH fails its test of the ascending triangle, choosing to breakout to the downside ( remember, I'll be using volatility as the key determinant of activity and not the chart pattern which does breakdown ), the signal to rebound will still be the volatility crossover for the rebound and rally...to fulfil the Elliot wave chart pattern with supports and targets already shared with you several times in the past..."
Here is an updated chart with the above in mind, and which is self explanatory:
Also please bear in mind my post yesterday in the "agm thread" regarding the time studies in relation to the time window to accumulate on the low as well, which is expected to herald a more sustainable rebound or rally.
May the best prices be yours, and hope this chart is interesting and useful. Please read the disclaimer below my signature line.
dascore
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