Assoc BR Foods

This gapped up today and is hovering around trend-line, could it be a symmetrical triangle breakout..

I should also have said if the support around 1791 doesn't hold then expect this to visit support at 1496 - the new bottom of wave 4 - before a significant rise.

dl.dropboxusercontent.com/u/7238706/A.B.FOOD.png

If the labeling on this chart is correct then this should be a beautiful long - if ur not already long per Remo's tips page - as this could be the start of wave iii of 5. There is a possibility what I have marked as 4 and (( i )) should be sub-waves (( a )) and (( b )) of wave 4 and wave 4 finishes some way lower However, 1657 falls neatly between fibs 38.2 and 23.6 of wave 3 so I'm fairly confident in these labels

The brave will already have followed Remo and be long already; next entry, and the one I choose will be on test of 1861; the real timid can wait and go at break of trend line, currently around 1883 and reducing.

The weekly chart looks like this IMO

dl.dropboxusercontent.com/u/7238706/A.B.FOODwkly.png

Perfect trade for the first attempt...this should be a free trade now
This is from this weeks share tips


dl.dropboxusercontent.com/u/4899609/abf4thsept.png

worth a long on gap fill at 1822 with tight stops. The 50%fib is there as well so 2 levels of support.
stops below 1796.


dl.dropboxusercontent.com/u/4899609/abf28thaug.png

dl.dropboxusercontent.com/u/7238706/A.B.FOOD.png

This looks like it has topped-out on the recent recovery and I am expecting a retrace to, at least, the gap between 1569 and 1597.

Entry on break of 1797; stop 1845. Not for the faint-hearted so DYOR.