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Friday, 05/22/2015 3:29:23 PM

Friday, May 22, 2015 3:29:23 PM

Post# of 399446
ELTP Chart May 22

I am wondering if we should call a 'bottom'; criteria is met (See notes on chart.) But, this is the mystery of investing in stocks.
(Note: The waves for ELTP often form this double top second wave.)



StockCharts Tutorial shows the same A,B and C (Elliott)waves. The two charts look a bit different, but you can see how the middle wave with its matching tops gets called as one, not two separate waves.



So help me here, please. Do we go below .20 or rise from here?



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