02/05/14 – This weeks negative price action for this stock has seen the Elliott Oscillator move below the 140% line, thus making it a low probability trade.  I have therefore cancelled the BUY order.  As Below


26/04/14 – Currently 7/9 indicators are in the green for this potential trade with the W4 Pull Back seemingly bottoming out at the Fib 0.382 line, which is taken between W2 and W3.  The Elliot Oscillator is very close to the 140% line and needs to be shorter, showing a price rise momentum next week.  I have put a Conservative BUY order on, that is way out of the Trend Channel for next weeks bar (blue vertical line) and above the Fib 0.25 line, similar to the CRM-NYSE potential trade  BUY order on a Sept 14 contract @ 109.00 with a Stop Loss @ 92.10 and the Take Profit Limit Order @ 160.00.  Next week will be critical for this potential trade, with the Elliott Oscillator in mind and will decide on whether I stay in the order or not.  As Below

SSYS#3 SSYS#1 SSYS#2 osc'

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