Replies to post #6703 on USA Real Estate Holding Co. (USTC)

[Rocco!!]

Thanks for the update. Loading at every level here before it rockets up as I prefer not to chase on the way up.

[Nexgen]

I will buy USTC @ .0001 in the very near future!

[trader53]

USTC Bid 0.0005 / 9,088,100 _Ask 0.0006 / 19,164,600

USTC - is at Bottom of Wave #2
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104230585





Elliott Wave Basics

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory#elliott_wave_basics

These 8-wave charts show two larger degree waves (I and II)
as well as the lesser degree waves within these larger degree waves.

Waves 1-2-3-4-5 are one lesser degree than Wave I.
By extension, Wave I is one larger degree than Waves 1-2-3-4-5. Waves a-b-c are one lesser degree than Wave II.

[trader53]

USTC - ready for Wave 3 - C


Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.

Interpreting Elliott Wave Basics
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100835666







Wave 1 - A

from 0.0004 up to 0.0014

The stock makes its initial move upwards.
This is usually caused
by a relatively small number of people
that all of the sudden
(for a variety of reasons, real or imagined)
feel that the price of the stock is cheap
so it’s a perfect time to buy.
This causes the price to rise.

Wave 2 - B

from 0.0014 down to 0.0005

At this point,
enough people who were in the original wave
consider the stock overvalued and take profits.
This causes the stock to go down.
However, the stock will not make it to its previous lows
before the stock is considered a bargain again.

http://stockcharts.com/h-sc/ui?s=USTC&p=D&yr=0&mn=4&dy=20&id=p03030242738



Wave 1 - A

from 0.0004 up to 0.0014

The stock makes its initial move upwards.
This is usually caused
by a relatively small number of people
that all of the sudden
(for a variety of reasons, real or imagined)
feel that the price of the stock is cheap
so it’s a perfect time to buy.
This causes the price to rise.

Wave 2 - B

from 0.0014 down to 0.0005

At this point,
enough people who were in the original wave
consider the stock overvalued and take profits.
This causes the stock to go down.
However, the stock will not make it to its previous lows
before the stock is considered a bargain again.





Elliott Wave Basics

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory#elliott_wave_basics

These 8-wave charts show two larger degree waves (I and II)
as well as the lesser degree waves within these larger degree waves.

Waves 1-2-3-4-5 are one lesser degree than Wave I.

By extension, Wave I is one larger degree
than Waves 1-2-3-4-5.

Waves a-b-c are one lesser degree than Wave II.