Friday, December 4, 2015

[UGZ] update

In the backlink I was looking for a bottom.



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.


1 comment:

Anonymous said...

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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