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Monday, September 12, 2011

ACOR : Chart Update .

5 Sept 2011


9 Sept 2011


The ACOR price action further confirms my view that the market is reaching a critical juncture,
albeit a temporary bottom and a subsequent reversal.

ACOR price action reflects 5 wave of Elliot primary wave count and as suggested a Wave 4 sell on 5 September for Wave 5 Price action. Whether it has put in a bottom is yet to be seen, as such we can only deduce, Wave 5 is still in progress till it terminates with a bottom reversal.

Previous Post :
http://chart2trade.blogspot.com/2011/09/acor-wave-4-sell.html

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