From today's action it looks like I was short by 1 wave. If it doesn't gap up on Monday per the red model then one more wave down per the blue should do it. A major major percentage rally should begin not within weeks but within 3 trading days. If this is ready for a bounce so is ORIG and so I bought it at $1.74 today just after the unicorn tail was put in.
Friday, December 4, 2015
[UGZ] update
In the backlink I was looking for a bottom.
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From today's action it looks like I was short by 1 wave. If it doesn't gap up on Monday per the red model then one more wave down per the blue should do it. A major major percentage rally should begin not within weeks but within 3 trading days. If this is ready for a bounce so is ORIG and so I bought it at $1.74 today just after the unicorn tail was put in.

From today's action it looks like I was short by 1 wave. If it doesn't gap up on Monday per the red model then one more wave down per the blue should do it. A major major percentage rally should begin not within weeks but within 3 trading days. If this is ready for a bounce so is ORIG and so I bought it at $1.74 today just after the unicorn tail was put in.
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1 comment:
Seeing Natgas drop lower today. This looks like the drop you were calling for last week. End of wave 5 down happening now?
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