InvestorsHub Logo
Followers 233
Posts 15891
Boards Moderated 1
Alias Born 08/20/2013

Re: 123tom post# 4821

Monday, 11/06/2017 5:51:58 PM

Monday, November 06, 2017 5:51:58 PM

Post# of 11335
The big wave 3 set up is still ready and waiting....

Whenever the Powers are finished with the "wave 2" downwave...

In a baking News cycle, in an Institutional accumulation zone (4.00),in a manipulated game where Money and wall street trading power can plunge the price down and surge it up and plunge it down again.... This 4 dollar zone, like last time, and other times, is a support launch pad area. But maybe also is the 200ma at 3.45,maybe also is the 3.75 shoulder pivot zone. I don't know if price will get taken down to the next lower targets below 4 dollars. It didn't the last 2 times. It did the 2 times before that.

Resistance steps at 4.50 and 5 dollars have been the primary targets for the wave patterns to bounce around. The 4.20/4.30 support zone where the (daily) 50ma has cut across, had been a good support last time and Fails today.

and look at how the Geometry of Fibonacci captures the whole picture.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.