Replies to Post #97152 onTautachrome Inc (TTCM)

Replies to #97152 on Tautachrome Inc (TTCM)

07/18/19 8:35 PM

#97156 RE: trader53 #97152

TTCM - Buy after a EW 5-Wave Decline

Buy after an Elliott Wave 5-Wave Decline

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The Elliott Wave 5-Waves Sequence

A Basic "A,B,C Corrective Wave"

https://www.metatrader5.com/en/terminal/help/objects/elliott/elliott_theory

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Elliott Wave Basics
http://www.acrotec.com/ewt.htm

Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory

Buy after an Elliott Wave,
5-Wave decline sequence !

A Basic "A,B,C Corrective Wave"

Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.

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Buy after an Elliott Wave 5-Wave Decline

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Impulse Wave 1 - The Accumulation Stage
the Wave right after a prolonged downtrend.

Wave 1

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 - Stock Declines

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

Wave 3

This is usually the longest and strongest wave.
The stock has caught the attention of the mass public.
More people find out about the stock and want to buy it.
This causes the stock’s price to go higher and higher.
This wave usually exceeds the high created at the end of Wave 1.

Wave 4

Traders take profits
because the stock is considered expensive again.
This Wave tends to be weak
because there are usually more people
that are still bullish on the stock
and are waiting to “buy on the dips.”

Wave 5

This is the point that most people get in on the stock,
and is mostly driven by hysteria.
You usually start seeing the CEO of the company
on the front page of major magazines
as the Person of the Year.
Traders and investors start coming up with
ridiculous reasons to buy the stock
and try to choke you when you disagree with them.

This is when the stock becomes the most overpriced.
Contrarians start shorting the stock
which starts the ABC pattern.

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getmoney12

07/18/19 8:40 PM

#97158 RE: trader53 #97152

Lots of organized research, nice

pennylandspirit

07/18/19 9:16 PM

#97165 RE: trader53 #97152

Beer money chart man! App gets released Dollars cometh

Can'tSparTheGhost

07/19/19 8:30 AM

#97240 RE: trader53 #97152

Great to hear from you again-especially on TTCM-& THANKS for another great post. I hope you are in on TTCM. GLTU & CHEERS!$ ;)

trader53

07/23/19 3:42 AM

#98694 RE: trader53 #97152

TTCM - from 0.0005 - Climbs to $0.0309

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Trader53's Wealth Strategy

* Buy 2 Million Shares of every 0.000 that you like !

* Most 0.000's will climb to 0.0003 / 0.0004

* Many 0.000's will climb to 0.0012 and Higher

* Some 0.000's will climb to $0.01 and Higher

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Trader53's Wealth Strategy:

Had you bought just 5 Million shares at 0.0005
for a Cost of just $2,500
your 5 Million shares could have been Sold
at a conservative $0.0120 for $60,000 <-------------
on the climb to $0.0309

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