InvestorsHub Logo
Followers 21
Posts 14207
Boards Moderated 0
Alias Born 01/11/2001

Re: joelk post# 799

Tuesday, 08/16/2011 1:51:35 PM

Tuesday, August 16, 2011 1:51:35 PM

Post# of 18784
joelk...actually no.

The following is like trying to predict the weather a month in advance, but the math goes like this...

The correction would be of the larger degree whole move equaling a W-1 up move ($1.41-$2.03). That move corrects in a larger degree W-2 down to $1.79 range...Then the good part is an impulse W-3 UP to the $2.80 range...another correction to $2.41 range and if a full 5 waves up in an impulse move...$3.03 is possible by the E-wave MATH.

AEZS is usually sensitive to the broader market but has moved independent in the past...time will tell. Any "Black Swan" event could blow this whole analysis...to the upside OR the downside. Has happened before.

Again, these are just potential markers to watch for activity in the reverse direction...any of the numbers not reached, or overshot will distort the analysis from that point forward, but may still be in e-wave ranges.

Use at your own risk...

gltu
A

When the going gets weird, the Weird turn Pro...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AEZS News