NEW CRO CHARTING THREAD......TA & CHARTS ONLY PLEASE !!, page-3

I decided today to chart CRO............Elliott wave style

Its always important when entering a stock that you are mindful of which wave to get on or it can be rather expensive !!

You will notice that everything ( SP ) goes in a 5 wave motion, MOTIVE WAVES 1, 3 5 are BULLISH, , whilst WAVES, 2, 4 and post 5 up ABC down is BEARISH..........currently CRO is MOTIVE WAVE 1 UP, impulse sub wave 3 up ( almost )............BULLISH.

TALE OF THE TAPE

a) MACD........convergance is imminent............bullish

b) RSI 14 ..........Flag formation coming from base................bullish

c) AO is above the baseline now and tiny green shoots are appearing.............momentum is building.............bullish

Currently CRO is sitting on a minor support zone , with a BULLISH FLAG.

The chart looks like a


PEACH!!.....................BULLISH to the CORE !

IMO