Tuesday, January 8, 2013

1/8: SLW update - poised to rally now?


SLW update:

I believe there is still good reason to project that SLW makes it up to $40 in the next few weeks.

Because Wave a was $3.55 ($37.58-$34.03), then if Wave c is 1.618*3.55, we could see a $5.74 rally up to $40.

Calculations:
Wave a: 3.55
IF Wave c = 1.618 x 3.55= $5.74, then...
$34.25+$5.74 = $40.00?





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