Wednesday, August 18, 2010

INCO - POSSIBLE WAVE C5 EXTENDS

CHART INCO COURTESY FROM MR.LEOCHEN:
AFTER MACD DEAD CROSS, INCO STILL CAN CLIMB BACK TO 4400, THIS'S PROBABLY EXTENTION OF WAVE C5 WITH TARGET 4500 & A SMALL CHANCE TO 4750 IF MARKET OVERALL IS GOOD.

NEW TRAILING STOP 4275.

C5 IS A FINAL WAVE UP BEFORE A CORRECTION WAVE STARTS, SO BE CAREFULL WITH THIS WAVE.

OUR 2ND TARGET 4400-4500 FROM PREVIOUS POST IS ALREADY ACHIEVED.