Code Green Apparel Corp (CGAC)

[marcis]

Structure here posted some real good posts

He mentioned Elliot’s waves

I’ve talked about these waves on many past boards but only in general ways.

Mostly we get three waves

We missed two waves already

Structure has it correct IMO

Generally IMO an OTC shell to company merger startup has three notable waves

First after the merger and company announced

Here not really much

We got a wave with November rev announcement
With big volume at .001 .0011

Hopefully the third wave doesn’t retract 80%

And the fourth gaining momentum into copper

.0006 is 100% wave #2 nada

.0005 to .00025 is 100% wave #1 nada

My concerns

How to Identify an Elliott Wave
Rule 1: Wave 2 should never retrace more than 100% into the territory of wave 1.
Rule 2: Wave 3 should be the longest.
Rule 3: Wave 3 must extend past the height of wave 1.
Rule 4: Wave 4 should not retrace more than 100% of the end of wave 1.