SUMMARY
MaidSafe (MAID) has put in a fully fledged five wave up (white) as shown in the below short term chart. Since Elliott Waves states that a requisite correction follows, the red ABC shows a potential decline to the prior wave 4 zone. IF this is correct, then wave A and B are likely complete and C should start impulsing downward.
Here is the long term chart..still bullish as ever. The broadening pattern is still intact. The fractals is still intact. The impulse wave has started with purple wave 1 complete and now 2 is in progress. IF purple waves 3,4,5 are next....what action should be taken at the terminal end of purple 2? Buy or Sell?
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.
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