Saturday, August 11, 2012

GERI small 3-waves to complete


wave c of the suspected (4) could be completing its pattern. This might still be the first leg of wave (4) but considering it's pattern regularities, I think it's enough. Let's just buy at low prices.

Facts:
  • 50RSI & 50MA Support
  • hit 61.8% of wave (3)
  • touching trendline support

Recommendation:
  • Test buy near 1.90 or below 1.90.

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