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TOPIC: CAR - Carclo....Is wave 2 complete?

CAR - Carclo....Is wave 2 complete? 09 Mar 2014 14:53 #1

  • CT79
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Hi all,

had Carclo brought to my attention this weekend and spent a little time looking over it.

We've had 5 waves up from 17p and finishing with a double top at 508p.
Double top gave a target around 162p
I've counted a 3-3-5 correction possibly completing at 151 and 70% of the larger degree wave 1


CAR_weekly.JPG




On the daily, there's a gap fill at 262 but i'd like to see 219 and the downtrend resistance get taken out.


CAR_daily.JPG



Would welcome others views on this and any feedback on my wave labeling

Thanks
CT79
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