Is this the starting of sub-wave iii of (iii)?
Crude Oil WTI (US$47.70 a barrel)
Crude oil (WTI) is heading for US$50.00 to complete its wave d.
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Tuesday, November 3, 2015
Felda Global Ventures - sub-wave iii ?
Is this the starting of sub-wave iii of (iii)?
Crude Oil WTI (US$47.70 a barrel)
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2 comments:
Hi Mr Chan,
Thanks for the constant update and teachings... i have been able to use the OBV as a another indicator tool for my investing criteria... in fact, just want to point out, FGV has a OBV higher than when price was 2.80 and 3.5, does it imply that it may have the potential to run to that level? This is how I understand... although at some point i hope to learn enuff to be able to count the wave to see the possibility.
many thanks once again...
OBV is only indicating accumulation or distribution. I don't use OBV for my price projection. For price projection it is advisable to use Elliott Wave Principle.
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