marketwavez
Junior member
- Messages
- 27
- Likes
- 0
Here is a thread that is being set up as an atempt to discuss US STOCKS
and possible Elliott Wave-counts---------------------
INTEL .... Ticker ( INTC )
.................................................. .................................................. ..
LET'S see .....What do we have here ....
This is one that kinda makes the STOCK World go- round ...
Have had this one on the radar since mid August 05
What a stench this could cause world wide , if only the tech sector was to understand these implications .... a double top has formaed in the longer term charts ... Oh No ! ... Not just any old Double Top we also have a retracement of 618 % for those who watch and understand Fibonacci Retracements ....
Well , I leave the Daily charts posted below for you to go figure ? ..............
Please don't go out and buy or sell this stock because you saw this post ......
Utilize your own trading strategy ,,,, I am just trying to post what I see going on.... That's it ... I am not advising anything .... These are not recomendations ....
-------------------------------------------------------------------------------------------------------------------------
What makes a market place is all of our diffrences of opinions .
------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
It is far more difficult to Exit a trade than to Enter a trade .... I am sure that you have heard that said before ,,,
THIS IS WHY ,
When making trade it just as important to have an idea where you want to exit as it is to place a stop to protect yourself from a move against you .
( THIS IS A PEARL OF WISDOM )
THERE IS NO HOLY GRAIL ///// I KNOW THAT YOU KNOW THIS ....
THATS WHY I TRADE ELLIOT WAVES , because its giving you a probability of where to look for a turn in a given market .....
The smaller the risk in relation to the price objective , the better chance of success in long haul .... (This is called Risk to Reward )
It’s just the way that is ...
---------------------------------------------------------------------------------------------------------------------------------
TRADE AT YOUR OWN RISK… The purpose of these charts is to point out significant highs and lows based on Fibonacci Retracement lines and Elliott Waves which are highly subjective . This information is for educational purposes and should not be considered trading recommendations . All trading decisions are your own sole responsibility …
Attachments
Last edited: