Trade the Cycles

Tuesday, June 19, 2007

........................MDII And HOKU

I left out MDII and HOKU (new) earlier. MDII completed a two month intermediate term Elliott Wave ABC down up down downcycle/correction recently, putting in a monthly and an intermediate term cycle low at 1.15, see http://stockcharts.com/charts/gallery.html?mdii. MDII had a huge spike move today in a short term Wave 3, and, made a large bullish breakaway gap at today's open from 1.23.

HOKU is in Wave C of a monthly downcycle, see http://finance.yahoo.com/q/ta?s=hoku&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= and http://stockcharts.com/charts/gallery.html?mdii. HOKU made a huge bullish breakaway gap from 4.60 recently. Ciao. ....... http://www.JoeFRocks.com/ .