ATH, Athabasca update

ath dec19 2012

Just 4 working days ago we recommended this stock, but wait for one more new low to play it safe. advice as you would not have gotten in. A day later the stock was upgraded by at least two analysts.  I guess they read this blog and then adjust their fundamentals. Believe it or not there are whole armies of analysts that actually use EW but would never dream of confessing to that. Even august publications like the Bank Credit Analyst are closet E Wavers. If this count was right, but we might actually be in wave 4, (this recent up move being wave a of a triangle), the stock could easily go to $14.05 As it is easier to predict the past I will wait a few days to let you know which it will be.