SUMMARY
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Kohs Corporation (KSS) impulsed in a classic five wave sequence to deliver 5,000% profit since 1993. Lately for past 17 years, KSS has been meandering sideways. Talk about a lengthy correction! The price is also primarily taversing within a parallel channel (white lines).
When price is moving sideways, then it's likey a combination sequence. In this case, I've labeled it as a large and wide WXY (red). The subwaves of each also divides well as abc (blue). th remaining red Y has the subwave blue b still in progress with an incremental higher high remaining. The blue c of red Y could coincide with an economic slump that might be approaching the world markets.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Wow nice block and Bitcoin. your blog so beautiful. I hope you everyday upload post thank you.♥♥♥/))
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Good news for the beginning of the week, to be able to count on Bitcoinlive data and information ...
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Great ideas shared here.
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