GE is hard to count but it does not appear to be complete. Everyone wants to buy this one, especially with a yield of 9 1/2% on the stock. I would wait till you hit the lower trend-line at about $10. It may never get there (if this is irregular B) but if it does it should be ok.
By the way, at the top of the website there is a little search engine. Juast put in the ticker or whatever and it will lead you there. Of you did that you will know that as one of the first opinions I had NCX as a buy at about $5, not for any e-wave reason but simple because the chart looked good. I have not looked at it since so just to clarify, if I volunteer a $15 target sometime in the future and you get almost half that in a week, take it. It is a lot more satisfying to be lucky than smart, often it hurts a lot less. Also discipline has always trumped brains in terms of making money; ergo always sell if you gain 30% or so( in this case it was more than 50%), likewise if you are wrong by that much cut out. Anyway this could be a 5th wave or a B, perhaps a little lower but here again it is probable a buy. If you want to get into this chemical and other business (clearly not too many do) you can get the plant and equipment by buying the stock for 1/10th of replacement cost! (at least so I heard.) Here is the chart which, even in e-wave terms, could be complete.
Rim took it on the chin in the last year after, ofcourse, a beautiful 5 wave up-move into the clouds. See chart, enlrge by clicking on it.
Notice the nice 5 waves up and also the US$30 high preceding that. If this stock has another major leg up to go in the future it should not break that (about C$39) So when it reached $44 C it was a buy (I did not yet have this website at the time.) The pattern of the last leg down, a diagonal triangle in EW terms almost guarantees a return to its starting point. So far so good.
It is already up $20 from the low , or about 50% (makes up for Nova) but should go further to $72 and perhaps even higher. Personally I would not want to outstay my welcome and would run close to $70
WMT should have entered a 3 wave down recently that could take it at least to 42 but almost certainly a lot lower. We did the initial 1-2 and now the fun should start for real. Stay short with puts.
