Monday, September 7, 2015

[YGE] update

In the backlink I provided the model below.




While that was a bottom which then bounced up to $1 before heading back down, it was not the bottom.  If this reverses upwards and then stalls at $1 again after only 3 waves then I'll have to change the count to something more bearish.  But if commodities are going to bottom then so will YGE.

A double bottom here would be very good for YGE.  Just a move up to $1.50 from here is a double...



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