Elliottician and TA Thread

CDN >>>

Hi jm111, I have run an anlysis on CDN and tried to put up my chart for you. However, problems getting into Geocity so perhaps I can publish the chart later on today.

I am getting this in a Double Sideways correction from the beginning of August last year. The first two legs look fine with each having their own three wave corrective structures. Then we get into the third leg starting in June this year (commencerate with your graph above). This should have started to go back up then and reaching over 6p by now. This is not the end of the world as there is still time for it to catch up.

Head & Shoulders?