Thursday, February 25, 2010

NNVC 240 minute chart

NNVC 240 minute

I really like these 240 minute charts as they are acting like sturdy and reliable bridges to Daily Trend Model reversals.  An ancillary bonus is another Elliott Wave count giving perspective between intra-day and Daily counts. 

In the case of NNVC, the 240 minute is suggesting a target range of 1.55-1.75, which supports the Daily target of 1.60-1.80

A