Only an exercise:
AAPL
27/4 Approaching Wave B (it's trying to go up, though)
4/5 Still going up, no signs of abatting.
AEM
27/4Seems to be after B going to C (trending down)
4/5 5 day MA turning. Wait for LSM and trade North.
ANF
27/4 Seems to be trading (non-trending) (34 EMA looks sideways on long term)
4/5 5 day MA turning south. See other indicators.
AXP
27/4 34EMA flat now. Could not wave count.
4/5 Uptrend but wait for other indicators.
BIDU
27/4 34EMA in uptrend. C - trending up. wait for u-turn signal.
4/5 Ell at all time high but Ell Osc turning.
CAT
27/4 Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
4/5 Red sea crossing was rather flat. Ell OSC turning down.
CF
27/4 red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
4/5 Noticed that 5 day MA turning very good for detecting turning points. an once 5 day cross 34, it will continue. Still waiting for ZLR. price resting around 34 EMA.
CLF
27/4 seems to be very toppish and end of a Wave 3. See how it goes.
4/5 3 days of successive selling. Ell now turning downtrend. Red sea crossing evident.
DRYS
27/4 seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
4/5 Ell flat so could not tell trend - need to watch. cci showed almost ZLR with turbo pointing upwards.
FCX
27/4 near Trend 3 and turning?
4/5 ELL turned, showing downtrend but a number of whipsaws present.
-be careful when trading this. but at extreme turning points, confidence of trade is good.
FDG
27/4 signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
4/5 ZLR ! Having seen that 27% of the world's coal is in US and oil price so high, then coal is still a strong growth stock.
ISRG
27/4 can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
4/5 Ell crossing to upside and small buying interest in last 4 trading days.
MA
4/5 Elliott going upside but most likely exhaustion gapping. Red candle appeared and possible of reversal becos of recent runup.
MER
27/4 uptrend - going towards establishing Wave 1
5/4 Uptrend still intact even though Red candle appeared on Friday.
MON
27/4 seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
4/5 Trade ZLR. Almost 3 doji's past 3 days. Wait for cci signals.
MOS
27/4 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
4/5 ZLR but no green LSMA? Wait and see.
MTL
27/4 Either Wave 5 or extension of Wave 3.
5/4 This stock like to reject 34EMA. Friday's stock action rejected it.
POT
27/4 Could be at Wave 3. Anyway, this stock has very good potential.
4/5 Wave 3 gone. Most indicators are down.
RIMM
27/4 Almost in trading markets. could trend higher.
4/5 Friday gapped up. Ell is still sideways.
SHLD
27/4 almost at bottom of chart.
4/5 Looke like a ghost on cci. Ell is sturing up. With Americans receiving their check, it seems that they might go and buy and hence retail bullishness.
Showing posts with label wave count. Show all posts
Showing posts with label wave count. Show all posts
Sunday, May 4, 2008
Saturday, April 26, 2008
26/4 Wave count
Only an exercise:
AAPL - Approaching Wave B (it's trying to go up, though)
AEM- Seems to be after B going to C (trending down)
ANF- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
AXP - 34EMA flat now. Could not wave count.
BIDU - 34EMA in uptrend.
C - trending up. wait for u-turn signal.
CAT - Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
CF - red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
CLF - seems to be very toppish and end of a Wave 3. See how it goes.
DRYS - seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
FCX - near Trend 3 and turning?
FDG - signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
AAPL - Approaching Wave B (it's trying to go up, though)
AEM- Seems to be after B going to C (trending down)
ANF- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
AXP - 34EMA flat now. Could not wave count.
BIDU - 34EMA in uptrend.
C - trending up. wait for u-turn signal.
CAT - Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
CF - red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
CLF - seems to be very toppish and end of a Wave 3. See how it goes.
DRYS - seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
FCX - near Trend 3 and turning?
FDG - signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG - can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
MER - uptrend - going towards establishing Wave 1
MON - seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
MOS - 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
MTL - Either Wave 5 or extension of Wave 3.
POT - Could be at Wave 3. Anyway, this stock has very good potential.
RIMM - Almost in trading markets. could trend higher.
SHLD - almost at buttyon of chart.
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wave count
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