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| Alias Born | 10/29/2007 |
Tuesday, December 24, 2013 12:56:28 AM
LOL! Looking quite lovely on EJ actually. I've got the fib expansion tool in place now that we've gotten a good rejection at the C wave completion in Wave B (or Wave 2).
The expansion tool shows low side targets...the ideal target is the 161.8 level near 141.20. But ultimately, the lower end target still rests at 140.90 based on the wave count.
The 141.20 level then is likely to be a Wave 3 completion area. Slight bounce there and then a final sell off to reach the 140.90 low side target.
EJ Hourly Chart...
The expansion tool shows low side targets...the ideal target is the 161.8 level near 141.20. But ultimately, the lower end target still rests at 140.90 based on the wave count.
The 141.20 level then is likely to be a Wave 3 completion area. Slight bounce there and then a final sell off to reach the 140.90 low side target.
EJ Hourly Chart...
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