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123tom

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123tom

Re: Citrati post# 5421

Monday, 04/16/2018 9:40:31 PM

Monday, April 16, 2018 9:40:31 PM

Post# of 11288
This AVXL bounce might still be looking downward...
The Elliott wave pattern looks as much like a "wave 4" bear flag , zig zagging in the bottom zone 2.00-2.45, it could struggle below 2.50 and make the next wave Downward to finish the bottoming process.
Are we watching the subwave 4 to falter at resistance and continue downward/chart view
Important to watch the resistance overhead 2.40-2.45-2.50
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