OK Cash Short Term Target $0.35; Mid Term target $0.90

SUMMARY

OK Cash Put in a classic five waves as shown by the below 1 hour chart. Every five waves are followed by an a,b,c three wave correction. To that end, the chart shows a,b,c being complete and that was followed by blue impulse waves which itself corrected via w,x,y. The y wave is not yet complete and could produce a bullis wick by briefly piercing the lower support line. The short term target is $0.35 or so.

This is a 4 hour chart and it shows a higher degree white impulse waves 1,2,3,4,5 being complete and followed by an a,b,c correction. There is a probable chance that an a,b,c,d,e triangle pattern could be the correction as shown.

Here is daily chart with the blue waves showing an overall pricy pathway that could be expected. Video has more details!

Please review these Tutorials on Laddering! and Buy/Sell Setups!. These books: Elliott Wave Priniciple & Technical Analysis of Stock Trends arehighly recommended!

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