When I wrote this post on PlugPower at 8:30pm on Sunday Feb 5th 2017 the last trade to close out the prior week was 94 cents. I indicated that it could likely fly up to at least $1.30 once the bottom was is.
As you can see from below, it reversed and then hit $1.35 on zero news. Oh sure, Investopedia came in after the rise had begun and reported on it but of course they failed to mention that it was likely to go to $1.30 or better. In other words, everything they wrote was just a waste of your valuable time. They simple stated the obvious. In fact, all of the financial news is the same. They have no idea what is likely to come next because they have no model to guide them like we Elliotticians do. Now, like a big game hunting or fishing guide cannot always put you on the game or on the fish, no human, not even the most skilled Elliottician can be right 100% of the time because herd movements are semichaotic. But they are not nearly as random as most people believe either. The results below are just more evidence that there is something to this Elliott wave principle. When faced with this kind of hard evidence it pays to be open minded...
The reason I bother to document these things in this manner is that there is no possible way I or anyone should ever be able to call it like this unless there is at least some kind of order to the way stocks move.
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