Usually people talk after the effect saying only if they know it , well i say knowledge is key to successful life regardless of what profession you are in
We followed this form 404 top and we took short sell in it and we expected it to move based on wave theory ,
We covered and we added shorts again on confirmation of smaller pattern with it when the trend was in bearish
Until this last December we noticed the wave principle do not apply to this scrip because of its fundamental issues , well then how we managed so far ??
The answer is its all based on rules and Guidelines set by R N Elliott , most of you dont have proper guidelines one of the interesting facts he wrote is when
any stock , commodity , or financial instrument has a Question of survival then wave principle will not work on perfect manner but will give an tentative information
based on the formation of patterns on smaller degree and Guess what we know when we found out it has some fundamental issues and we tracked it to lowest degree structure and we are still looking to trade it with help of basic wave theory
Well all i say is having an proper knowledge can give you better results in any kind of business you do in
This scrip is about to make its upside move , that is mandatory for a Question of survival , one can look to trade in cash segment without risking much of their finances
Good luck