Allergan (AGN): VERY BULLISH!!

in #money7 years ago

SUMMARY

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When is the best time to buy? IMHO, the best time to buy is at the terminal end of a correction. This kind of setup can be clearly seen with Allergan (AGN). As the chart below shows, the Elliott Waves 1,2 and 3 are complete and corrective 4 is already and if not just about to finish. What comes after 4? Wave 5! IF this cound is correct, the years to come can deliver 211% in profits via wave 5 alone.

The wave 4 is taking a downward wedge pattern as shown. This is also EW labeled as ABC. While price can decline a bit more, it represents a fine potential to cast a buy ladder! Clearly, AGN personality includes an affinity for triangles given that white wave 2 was also a symmetrical triangle.

See how the MACD is also diverging from price action of making lower lows by making higher lows. This is a bullish divergence and when compounded with pattern and EW; the setup is bullish!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Thanks for sharing this post with us and wishing you an great day. Stay blessed

Very intresting, i like your posts ! Good job

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Wow
Nice tips
Thanks for the tips U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif

@haejin @ranchorelaxo ... I'm setting up another target for you guys.

AIM THAT ARTILLERY RIGHT HERE

Keep huffing & puffing all you want....Weird Geek!

You need to learn more on how to bring about behavior modification, young man. I assure you; insulting spits on my name, wasted downvotes and threats have produced zero results for you and your posse and never shall. You guys never learn!

I will admit @Haejin has gave me some upvotes. I hope someday he can do other things for people on Steemit. But we did have a talk first & we did work something out. It will have to go both ways for the flag wars to end.

I do not know if Haejin would upvote more people if he stopped getting flagged. He has said a few times he would. But he is keeping peace with me. I am not doing things that may deserve a flag from him either.

I think we need to try to have a flag free weekend soon. No one flags each other for a weekend. It would be kind of like those times at wars where they pause for a certain holiday. Hope everyone has a nice day.

Flags received are not a reason to flag.

Your peace is based on your actions of spamming haejin's blog with memes. He has essentially offered to pay you to stop, and I'm fine with that. However, flagging haejin's blog is part of the very design of Steem, and whether he realizes it or not, makes money for everybody on steem including ranchorelaxo.

Instead of a flag-free weekend, I would suggest a rancho free week. See how many flags he would receive in such a situation.

I, and many others, strive to build-up the platform with encouragement and upvotes while you only care about your GREED-BASED "technical" analysis. Don't you know that there is infinitely more value in human capital than in anything else? Perhaps you should consider investing more in PEOPLE instead of your Ouija board horse shit.

Try to at least pretend like you care about Steem and the community here.

First, I am playing by all of steemit rules. Second, your circle jerking is just as bad. Third, you self righteous trolls have no idea how many steemians I have helped! In our private discussions, my analysis and coachings have helped more than you can imagine. Just because it's not visible to you doesn't mean it's meaningless. Fourth, the biggest vaccum of reward pool are the bidbots; however, you're too chicken shit to even go after them. Fifth, why do you think 31k+ people follow my blogs? To lose money? Just becuase you don't believe in TA doesn't mean you categorically consider my blog as not investing in the people. Who gave YOU the pinnacle position to make such unilateral decisions?

Just as you can downvote, I assure you, mine also bite!

why do you think 31k+ people follow my blogs?

I'm just gonna go out on a limb here and say you got those followers the same way these wallet spammers got theirs. Judging by the absolute lack of engagement on any of your posts, and the fact that you only get 3 or 4 genuine comments on any of them I would say you don't have a lot of real followers.

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And don't even try the old excuse that it's because people are afraid of @berniesanders. 31 thousand devoted followers are all afraid to stand up for you, or even just engage in your posts? Really?

Yes, you went out on a limb and the branch broke because you're wrong! How do I know that 80% of my followers are genuine? Because BitcoinLive has been oversubscribed by umpteen thousand and more...how? By the followers from Steemit who wanted to follow my analysis for Cryptos which will only be on BitcoinLive!

That's the thing about you Trolls...you always assume the worst about so many. It's a bad habit!

You don't think lack of engagement has anything to do with 7 months of being downvoted for engaging with @haejin in comments?

31,000 people, loyal supporters, all afraid to comment? Except you and your incredible bravery?

C'mon...use your logic.

Oh and breaking news, there's a few people commenting now, check yesterday's bitcoin morning update lol. Practically every comment is someone saying they're not joining bitcoin live and wishing @haejin good luck.

But he says umpteen thousand people signed up for it. I guess they're just too shy to say it.

First, I am playing by all of steemit rules.

So am I.

Second, your circle jerking is just as bad.

This implies that you are indeed circle jerking yourself. Thanks for admitting it.

Third, you self righteous trolls have no idea how many steemians I have helped!

Please bring that "value" you seem to be doing off-chain onto the blockchain and I might believe you.

Fourth, the biggest vaccum of reward pool are the bidbots; however, you're too chicken shit to even go after them.

They're not flagging civilians like you are.

Fifth, why do you think 31k+ people follow my blogs?

Greed.

Your circle jerking is as bad as not me because I don't; but as bad as the baddest on steemit. Clarification on this point was needed and so given.

My Value:
No, because all the random acts of downvotes on my commenters have driven it off-chain. You can't remember? Even Fenghuang did a round of random downvoting of my commenters just recently. So did you!

Civilians?
Which civilian who did not downvote me did I flag? Name them. I've not initiated a downvote.

Greed? God Damn Right! One has to understand that greed and fear drive the markets. This is how to make money! Yallapappi was right....Steemit is a capitalistic blockchain; whether you like it or not! If you don't understand this, then it's ignorance!

Can't wait for Whaleshares to go live! YOU can go there and preach your community BS while circle jerking like a hypocrit! Alas, I'm already there waiting for you!

Which civilian who did not downvote me did I flag? Name them. I've not initiated a downvote.

Without looking anything up, @themarkymark, Me.

I have no problem with greed. The thing you don't seem to understand, even after all this time, is that downvotes are part of the "rules of Steemit" as well. Your rewards are disproportionate to the to the content and the people you claim to help. If you don't believe me, stop the Ranchorelaxo upvotes for a day. We all know you have control over those upvotes.

Let's continue to discuss. There is no need to fear the truth. I'm sure we can reach an understanding. Blockchains are set up to facilitate trust between non-trusted individuals. We can use the Steem blockchain as a basis to facilitate that trust between us.