MATRIX Penny Stocks

[Ayock]

LaFem..BOCX pullback is possible before another leg up..

Here are two postings (with some extra notes) I offered up to another board on the ewave perspective over the last two trading days. The stock has behaved very much in line with the fibonacci numbers associated with a 5 wave impulse up from last friday. $2.55 was not broken today which is the top of my Wave3 count. It MUST break $2.55 or a retracement will be required to correct this whole move before another big impulsive wave up....which is surely coming and is a no brainer...

numbers are actual numbers from Fri and today

1. a BOCX count to consider..

W1
.40 to 1.35 over two days starting Fri

W2 correction
1.35 to 1.10 .236 retrace of W1 distance predicted 1.13

W3
1.10 to 2.55 (1.618xW1) predicted 2.64

W4 - correction
2.55 to 1.66 .618 retracement of W3 move predicted 1.65

W5

$1.66 to present and in progress and so far a truncated 5th
math predicts $2.61 W1=W5 or $3.12 = .618W1 + W3

just for what it's worth...

A

2.BOCX...waves ....imo

caution should be used in this zone...(posted in the 2.30's near end of day)

count also looks like a "truncated 5th" meaning that the 5th wave will not break the top of the 3rd (2.55)...

5th wave ending diagonal may be forming ...usually terminate in fast/violent move against the current trend...

if 5th wave fails then the whole move from $0.40- $2.55 will correct ...Math says $2.04 (.236) or $1.73 (.382)could also reach (.618) $1.22 (not likely!) on a correction before a bigger move up.

good luck

AND...$1.825 is 50% of today's move, so pick ur poison

this is all mho