Thursday, August 25, 2016 6:41:25 PM
ICNB - Wave-5 Has Not happened, yet !
Wave 5
This is the point that most people get in on the stock,
and is mostly driven by hysteria.
You usually start seeing the CEO of the company
on the front page of major magazines
as the Person of the Year.
Traders and investors start coming up with
ridiculous reasons to buy the stock
and try to choke you when you disagree with them.
Wave 4
Traders take profits
because the stock is considered expensive again.
This Wave tends to be weak
because there are usually more people
that are still bullish on the stock
and are waiting to “buy on the dips.”
ICNB - The Elliott Wave 5-Waves Sequence
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124592542
Wave 5
This is the point that most people get in on the stock,
and is mostly driven by hysteria.
You usually start seeing the CEO of the company
on the front page of major magazines
as the Person of the Year.
Traders and investors start coming up with
ridiculous reasons to buy the stock
and try to choke you when you disagree with them.
Wave 4
Traders take profits
because the stock is considered expensive again.
This Wave tends to be weak
because there are usually more people
that are still bullish on the stock
and are waiting to “buy on the dips.”
ICNB - The Elliott Wave 5-Waves Sequence
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124592542
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