SUMMARY
MaidSafe (MAID) has put in a fully fledged five wave up (white) as shown in the below short term chart. Since Elliott Waves states that a requisite correction follows, the red ABC shows a potential decline to the prior wave 4 zone. IF this is correct, then wave A and B are likely complete and C should start impulsing downward.
Here is the long term chart..still bullish as ever. The broadening pattern is still intact. The fractals is still intact. The impulse wave has started with purple wave 1 complete and now 2 is in progress. IF purple waves 3,4,5 are next....what action should be taken at the terminal end of purple 2? Buy or Sell?
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?
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