The target price of 13.25 was met today based on the break of a B wave triangle outlined in the last post and the prior chart markup below on May 6, 2011. An update to this prior markup below shows…
GOL Duration Period Update
Prior post on duration period for GOL outlined a rise in the stock of GOL from the first week of April to the first week of May for the past six years resulting in positive price motion and gains averaging…
GOL Parent Wave 2
GOL has great strength today. There are two scenario now with todays strength to look for from a technical basis. First, this current strength is the anticipated beginning of wave 3 of the trend. A very powerful move. This would…
Update To Elliott Wave Count For GOL Analysis
It got sloppy on April 20th with the S&P outlook downgrade (link) but the chart has still performed to expectations initiated about a month ago (link). The organized wave patterns projected were hard to follow. But in retrospect the completed…
Trading PPDI Weekly Chart
PPDI (Pharmaceutical Product Development Inc.) was giving me plenty of problems from the sidelines and at just about every time frame (post). But another look at the bigger picture compelled me to enter a trade today at 31.02. I’m looking…
GOL Correction S&P Outlook Downgrade
I’ve rebuilt a position at 13.28. Todays strength is great but I want to again establish my levels. Many things have recently played into the prior wave count and although not lost from a price projection standpoint, certainly the fluidity…
GOLD Elliott Wave Count
In early April 2011 I had a brief exchange with Xiphos_Trading on StockTwits who does great analysis and in particular had my attention with some analysis on GOLD- Randgold Resources Ltd. I don’t trade GOLD but do find the Elliott…
GOL Duration Period
Duration period always interests me. I’ve had some of my biggest gains lately on a combination of duration period analysis and Elliot Wave projections particularly in LEAP wireless. These correlations outweighed downgrades, bizarre price action and prior trends over a…
GOL Entering A Trade
In late March we started following GOL. Recently I exited a position started in the initial post as GOL broke 13.60 to protect some profits as well as determine if this downtrend would continue in a channel instead of the…
UGL Internal Waves
I’m going to go ahead and update the bullish wave sequence that was previously outlined if the flat correction held. UGL did not retest its actual 382 retracement a second time, but did test its projected flat correction twice at…
Hecla Mining Price History
HL Elliott Wave correlations were drawn out earlier in the month prior to the big ramp up in price. Some miscalculations were made relative to preparing for the trade, but HL continues to intrigue my interest after smacking the 9.57…
GOL Trade Update
GOL is still tracking nicely to the Elliott Wave count prior calculations. More on the initial count and post here. Initially we were looking for 13.88 to be our first price target of resistance shown in this prior chart. This…
Aluminum Corp. of China Price History and Triangle Formation
Aluminum Corporation is a producer of alumina, primary aluminum and aluminum fabrication. They operate in four segments: alumina, primary aluminium, aluminum fabrication and trading. ACH was targeted on 3/29/11 due to a possible triangle formation near completion. The following will…
LEAP Still Reaching Price Targets
LEAP has been on a tear after it corrected from its triangle wave 4 low of 11.48. All charts at SST can be right clicked to be viewed at 100% if your screen size does not allow this and auto…
A GOL Trade
Last night a potentially great trade for GOL was signaled by ZorTrades on StockTwits. This is a Brazilian airline play with upside. There was an Elliott Wave off the 3/10/11 low that looked like it was reacting well to the…
HL Hecla Mining Co Trade
Hecla Mining Co was trading strong with the markets and metals today. A break down of the trade in HL, so far, exposes the Elliott Wave that was used to bring in a 6% gain but also why some was…
JASO Loosing Momentum
Right now JASO is trading down, close to the 6.26 low. Breaking this low could open up the possibility of much lower prices for JASO. The prior post outlining these correction scenario can be found here. An update to the…
Arch Coal Elliott Wave Count
ACI showed strength into the markets sell off over the past few days. A small channel has developed from the 36.50 to 31.50 roughly. One particular scenario for the Elliott Wave formations in this stock has the present pull back…
DRYS Near Lower Targets
The January 25, 2011 low of 4.61 was close to projections and created a fair move in the stock 12% higher. However, as 4.61 was broken this low now becomes a wave 3 low, and not the final wave 5.…
UGL Flat Correction
In early January UGL and GLL charts were looked at for possible Elliott Wave formations and price targets. UGL was speculated to be at an internal wave 3 of 5 top and possibly in the midst of a flat correction…
JASO Correction Levels
Following up on the post that was written in late January 2011, JASO is now exiting a four month duration period in price motion. The previous chart markup from the duration analysis on JASO shows an estimated date of March…
LEAP Trades To Profit Level And Some
Just yesterday LEAP traded to its short term profit level and followed an Elliott Wave structure nicely. Today, LEAP was on a tear up over 10% at times and closing just shy of this level. LEAP easily reached the 13.30…
RIMM Price Motion Scenario
The RIMM chart since the 12/02/08 low looks a little disorganized from an Elliott Wave point of view, although it has maintained an attractive magnitude of price ranges to trade. RIMM was part of the telcom seasonal trades, but we…
LEAP Elliott Wave Trade Correlations
LEAP has been trading very close to Elliott Wave projections. This trade was based off a triangle wave4 A wave projected target of 11.45. The B wave target is 13.39. The analysis for these scenario can be found in the…
LEAP Price Motion Chart
Leap Wireless was a good trade coming out of last fall and was outlined on many occasions for its performance and underperformance during the trend from 9.51 to 14.50. A meta tag search pulls up all prior analysis. The current…