ASX Star Combo Pharma

22 thg 5, 2018

Star Combo Pharma has just started trading last week. It has a good run up to above $2. I believe this is Wave 1 of Elliot. The price has dropped a bit at writing and if I am not wrong, corrective wave 2 will probably hit between 0.5 to 0.618 in the next few days. If i were to trade, i would look for entry below $1.30 between 0.5 to 0.618 fibonacci. At writing, there was a bounce at 0.384 fib @ about $1.40. If my charts are correct, we are looking at corrective wave B of 2 then C down to 0.618 fib. We shall see.



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28 thg 5, 2018

Ghi chú

Follow through.

29 thg 5, 2018

Ghi chú

Follow through.

My buy target levels hit.

30 thg 5, 2018

Ghi chú

Falling wedge break out.

Trade closed.