Saturday, October 30, 2010

ELSA - WAVE 2/B AREA SPECULATION BUY

OUR 1ST TARGET 370 STILL ACTS AS A STRONG RESIST. ELSA FAILED TO CLOSE ABOVE THIS LEVEL.

MACD DOUBLE DEAD CROSS ON LAST MONDAY AND FOLLOWED BY CLOSING BELOW TRAILING STOP 345.

WAVE 2/B EXTENDS DOWN TO AROUND 310-325.