GSF gsf corporation limited

using elliot wave theory i have a target of a wave 3 impluse to...

  1. 205 Posts.
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    using elliot wave theory i have a target of a wave 3 impluse to finish at 12.5 cents with a time frame of 29th november then wave 4 sideways then another leg up before another retrace for the wave 5 leg it could extend as far as 24 cents using the refined elliot trader platform i use ?
    This is my analysis with what i use for making some decisions in trading but doesn't mean it will happen . When you are in a position i find i have a bias as to where it is going when i analyse it as it reaches a new target.
    My wave count is starts from W1 16/8 if you look at a count from there you would see a breakdown of different degrees using swing points. My view isn't backed up with any fundamentals as i don't make decisions based on fundamentals for these type of penny stocks and i go with the announcements made to the asx and i like the one made on 27 september.

    These are my views and not meant for anyone to take seriously as my decisions are based on my high risk trading views.
 
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