Replies to post #18416 on Chart Patterns and Trends

[MrBigz]

eelf.

My take on COPI.

This probably took me at least 45 minutes to annotate, and is my first attempt at Elliott Wave Theory, but if I'm right in this analysis, cargo_hauler and Braden each owe me a beer next Friday during IHub Happy Hour. LOL

We should now be well into Wave 1, should have a small pullback for Wave 2 and then Wave 3 is always by far the largest Wave, so hopefully another BIG run is coming.

COPI 60 min chart:



COPI weekly chart showing flag pattern: