YRI, Yamaha gold

yri apr 14 2013 lyri apr 14 s

Yamaha has traced out a very clear B wave over the past four years. The equality between the A and C legs and the top right at the double top level, almost guarantee this. Next leg should therefore be wave C of a large A-B-C flat wave 2 ( or B).

How this fits in the big picture is shown in red below. It is assumed that the stock hit all time low sometime in 2001 or so and has done a wave 1 up. It is now doing wave 2 down.

yri apr 14 2013 vb