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Monday, April 14, 2014 5:40:17 PM
MONA 0.0016 - Elliott Wave Basics
Charts show 2-views
Elliott Wave Basics
http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory
Basic Sequence
The chart below shows a rising 5-wave sequence.
The entire wave is up as it moves from the lower left
to the upper right of the chart.
Waves 1,3 and 5 are impulse waves
because they move with the trend.
Waves 2 and 4 are corrective waves
because they move against this bigger trend.
A basic impulse advance forms a 5-wave sequence.
http://stockcharts.com/h-sc/ui?s=MONA&p=D&yr=0&mn=3&dy=0&id=p55917898888
Charts show 2-views
Elliott Wave Basics
http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory
Basic Sequence
The chart below shows a rising 5-wave sequence.
The entire wave is up as it moves from the lower left
to the upper right of the chart.
Waves 1,3 and 5 are impulse waves
because they move with the trend.
Waves 2 and 4 are corrective waves
because they move against this bigger trend.
A basic impulse advance forms a 5-wave sequence.
http://stockcharts.com/h-sc/ui?s=MONA&p=D&yr=0&mn=3&dy=0&id=p55917898888
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