Hamilton's E-Wave Analysis

NKO, Niko Resources Ltd.

nko

This stock gives us a glimpse of what we should be expecting from quite a number of stocks in the future. This is an absolutely perfect E-wave. 5 up and then a large (irregular) A-B-C down with C subdividing in 5 separate waves. Whether or not it has bottomed remains to be seen but is not at issue here considering the total range it has already travelled.