InvestorsHub Logo
Followers 230
Posts 15994
Boards Moderated 1
Alias Born 08/20/2013

Re: 123tom post# 5418

Sunday, 04/15/2018 1:50:56 AM

Sunday, April 15, 2018 1:50:56 AM

Post# of 11444
Corvus Fibonacci chart looks impressive


Fibonacci math combined with Elliott waves chart view
Seems to suggest this big surging rally to the 1.90-2.20 target zone is just the "Wave 3" area for the Fib math movement, and IF price holds in a shallow pullback now, staying above 1.60-1.50 area as 'wave 4'...there is a finish 'wave 5' math target zone around 2.80

Its possible to see a pullback now from 2.10 area to 1.50 and the next rally from 1.50 area to 2.80 target.

I think Corvus has become the bubble miner of the day over-pumped and ready to get hammered back down. but the math rally from a 37 cent Low,has a target zone at 2.80 area. and a "wave 3" zone here around 2.00 (1.90-2.20)
Join InvestorsHub

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.