The Best Strategy using ELLIOT WAVE for Understanding Price Movement, Money Management and Emotional Control in Stock Market designed for "TRADING FOR A LIVING.
Thursday, November 11, 2010
BJBR - A LONG CHANNEL WAVE 3
BJBR KISS BACKSUPPORT CHANNEL WAVE 3 @1640, WE'LL USE THIS LEVEL AS A TRAILING STOP NOW BECAUSE IF BREAKDOWN, WAVE 3 WILL END AND WAVE 4 CORRECTION CAN BRING PRICE DOWN TO AREA 1480-1560.
THE ONLY BULL SCENARIO IF PRICE CAN CLOSE ABOVE RESIST 1720, THEN THERE'S A CHANCE TO PUSH PRICE UP AGAIN 1 MORE TIME TO1800 RECOMMENDED SELLBECAUSE MY WBB (WILLYBULLBEAR) SHOWS BEAR POWER BEGINS TO COME OUT FOR THE 1ST TIME.