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Post by zuolun on Nov 26, 2013 14:09:45 GMT 7
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Post by vbequity on Sept 23, 2014 0:40:18 GMT 7
Hi MR Zuolun, I am a novice in stock market and I am vested in CES. Could you explain the chart or point me to some web resources for further reading? Thanks.
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Post by zuolun on Sept 23, 2014 7:06:22 GMT 7
Hi MR Zuolun, I am a novice in stock market and I am vested in CES. Could you explain the chart or point me to some web resources for further reading? Thanks. Hi vbequity, The Elliott Wave chart pattern indicated that CES had completed the impulsive 5 waves up. It is now riding on the corrective sub-wave (i) of Wave-A down, i.e. the sell signal has appeared, expect a major bearish trend reversal.   One of the Elliott Wave rules stated that Wave-3 cannot be the shortest wave. - Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.
- Rule 2: Wave 3 can never be the shortest of the three impulse waves.
- Rule 3: Wave 4 can never overlap Wave 1.
Usually for commodities, Wave-5 will be the longest wave; while for stocks, Wave-3 will be the longest wave and a minimum target for Wave-5 is 100% of Wave-1. CES (Mar 2009 to 22 Sep 2014) — The Elliott Wave chart pattern |
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Post by vbequity on Sept 23, 2014 8:37:40 GMT 7
Thanks
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Post by zuolun on Jun 17, 2015 5:42:56 GMT 7
Never catch a falling knife — oldman A falling knife in the stock market refers to a stock that experiences a sharp decline and it may collapse > 50% from its breakout/pivotal point, b4 bottoming out.  Gartley Crab pattern
 CES ~ Bearish Gartley Crab Breakout, interim TP S$0.70. next TP S$0.555CES closed with a long-legged doji @ S$0.775 (-0.005, -0.6%) with 930,000 shares done on 16 Jun 2015. Immediate support @ S$0.755, immediate resistance @ S$0.785.  CES (6 Jan 2012 to 16 Jun 2015) — The Elliott Wave chart patternThe Elliott Wave chart pattern showed that CES had completed the impulsive 5-wave up and it's now riding on the corrective ABC-wave down.  CES (Mar 2009 to 22 Sep 2014) — The Elliott Wave chart pattern
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Post by zuolun on Jan 22, 2016 13:56:44 GMT 7
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