March Madness 2013
Another month, another chart. Here is a KORS update - it appears poised for a little run and the opportunity to exit the position as I do not see much upside in the near term above $65. After wave 5 concludes around the target price, expect a correction to around the top of wave 1 area (around $55). Wave 5 will probably be around the same duration as wave 1 - around a month or a little more.
I think I need some new glasses.....I am starting to see double....
looks like it could be setting up for the next run to take out the prior high....
EDIT: But first, I think the market will pause or decline slightly over the next few days and GLW will most likely follow suit
A chart update for DDD.......
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How do you see DDD based on this chart and the one on your site BassMan now that a couple of trading days have passed? Do you still see it commencing Wave 1 of a new 5 wave motive wave or is it possible that it is still in Wave c of a corrective wave. So far it has held the low of 30.28 but has been up and down a bit.
Originally Posted by Limit5Bass
so does this mean DDD headed to the 30.28 support?
well i added DDD at 30.35 and have a stop in for all at 30 -- hope we bounce here