Ewj: elliott wave
- Thread starter mu200411
- Start date
elo's covered the bull count 
The other option is yesterdays mischief was part of the b wave ( with those dual 61.8% being triangular ratio;s)
From that outside the box count from the other day..
http://www.elitetrader.com/vb/attachment.php?s=&postid=2536697
60min ES
The other option is yesterdays mischief was part of the b wave ( with those dual 61.8% being triangular ratio;s)
From that outside the box count from the other day..
http://www.elitetrader.com/vb/attachment.php?s=&postid=2536697
60min ES
Oh, so now you want to talk about PTEN???
It's on critical support at the 21 day MA that I track at 14.00 Usually, there is a good bounce off this particular MA, as we saw the OIH bounce off it at 101.30 the other day, and the FXE off 141.00 ( both where the 21 day MA's came through ).
I had technical issues with my platform this morning and covered a big chunk at 14.33 over the phone unfortunately, from yesterday.
Very dicey pattern, for sure.
The stock just doesn't want to break, and above 14.62 it could fly - - - especially if a hurricane comes into the Gulf.
But hey, thanks for your "analysis".
there's no real change from that last PTEN chart on page 1321
http://www.elitetrader.com/vb/attachment.php?s=&postid=2534699
Pattern on PTEN looks full of 3's so that $12.90 area would be a nice eyeball....
60min
http://www.elitetrader.com/vb/attachment.php?s=&postid=2534699
Pattern on PTEN looks full of 3's so that $12.90 area would be a nice eyeball....
60min
btu found res , now 1st supp 35.10 areaQuote from Landis82:
Oh, so now you want to talk about PTEN???
It's on critical support at the 21 day MA that I track at 14.00 Usually, there is a good bounce off this particular MA, as we saw the OIH bounce off it at 101.30 the other day, and the FXE off 141.00 ( both where the 21 day MA's came through ).
I had technical issues with my platform this morning and covered a big chunk at 14.33 over the phone unfortunately, from yesterday.
Very dicey pattern, for sure.
The stock just doesn't want to break, and above 14.62 it could fly - - - especially if a hurricane comes into the Gulf.
But hey, thanks for your "analysis".
Yep, there was a classic short squeeze yesterday around 3:30PM when I saw 350,000 shares bought at the "market" during a 1-minute period as the stock crossed $37.00
These stocks are pretty darn liquid and incredible TRADING vehicles. If you had to only trade one sector in the market, this would be it, hands down!