TSXV:NIR.H - Post by User
Post by
Francesco1on Oct 18, 1999 6:46pm
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Post# 1032773
Held moving average ...
Held moving average ...I have held NIR for several years, riding the stock up from $1.00 to the $4.88 level. I also held the stock to its recent low.
For fun, I do Elliott wave analysis for stocks that I own. NIR looks like it just completed a 4th wave correction in the $1.00 area. The huge rally from below $.10 to the high at $4.88 was the the first 3 waves of the 5 wave progression.
We are now in the 5th wave up that should take us to the $4.88" level. The only uncertainty is how long it will take to achive this ... Any ideas?
Francesco