dimitri & pantarei
If you take 22nd May as the start of wave 1 Elliott says in his book to draw a line from the start of wave 1 to the end of wave 2.
Then draw a parallel line passing through the end of wave 1 and extend.
When wave 5 reaches this line the upward trend is over and a correction will start.
Hopefully you can see the chart below where I have drawn those lines in red.
https://uk.tradingview.com/chart/SOBhFmAN/
We all agree that we are in wave C and just dont know when it will end. I think that what dimitri says is reasonable in that if the price passes 66p we are back on a wave 1.
NoahsArk - It's not meant to be advice. Don't think anyone on here would give direct advice to buy or sell.
pantarei - That makes sense, I can follow that. We clould be at the end of wave C now? I've not got past the intro to the book yet btw lol
I went skiing once to the exotic resort of Glen Shee when I was about 14. After basic training.
They added a gate with two ski poles with another one like a bar across the top. Easy thinks the bold boy, wrong! Ended up sitting on the back of my skis heading down hill at a rate into a frozen burn.
Stuck with it though, managed parallel turns and all sorts, just couldn't stop. Ended in the middle of the coach park upright with hired skis totally wrecked on rock salt.
Won't be doing that again at my age
Cracking piece of work, if I had the space I'd bid for it.
Whats left of Eau Rouge is the little left kink before the right hand uphill Radillion. To be fair if you called it Radillion most wouldn't have clue
I bought into IAG and I am about 25% up after 5 weeks.
I believe that the Govt will relax the social distancing rules to less than 2m and the airlines have issued a legal challenge to the 14 day quarrantine rule. Gamble but just bought into EZJ as well