Wednesday, September 13, 2006

 

Statschippac in wave 5 ?


Statschippac closed higher at 1.03 today as overnight Nasdaq closed up strongly. From the daily chart, we can see that statschippac could be breaking up from wave 4 triangle and enter wave 5 up. As wave 3 brought statschippac from 0.87 to 1.05 three weeks ago and then enter wave 4 for about 3 weeks, It is likely that statschippac is ready for wave 5 as the charting shows. If my wave count is correct, wave 5 target is....

# posted by chua @ 10:36 PM
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