It's also possible that something else transpires before we get a fully formed HT4. But I think it is likely for the HT to happen given the face that I model the prior wave as W3. Time will tell.
Sunday, November 15, 2015
[NNA] - first time chart of another Greek shipper
Navios Maritime Acquisition Co is another company in the Greek shipping group. It's chart indicates that a rally of size-able percentage is on the near horizon but that after that its off a cliff into wave 5. It's possible that there is still more downside in the D of HT4 wave per the blue model before reversing upward into E of HT4.
It's also possible that something else transpires before we get a fully formed HT4. But I think it is likely for the HT to happen given the face that I model the prior wave as W3. Time will tell.
It's also possible that something else transpires before we get a fully formed HT4. But I think it is likely for the HT to happen given the face that I model the prior wave as W3. Time will tell.
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