emehoke

Another VUZI Update. We will be experts soon, don't worry!

Long
emehoke Updated   
NASDAQ:VUZI   Vuzix Corporation
Still riding VUZI. I am taking another look at the fibonacci's and found something really interesting in conjunction with the elliot wave 5 wave cycle.

At the end of the previous 5 wave correction VUZI turned abruptly at the .5/.382 measured from the beginning of wave 1 to the crest of wave 5.

Now we have seen another 5 wave pattern, and using the same measurement system, find ourselves smack-square in the middle of the .5/.382. This is maybe the first time I have seen a setup presented to me so absolutely perfectly. What's more is we have a line-break as well as a retrace to the point of breakout.

We are still too close to the 50 MA for my comfort, but everything considered I don't know if trades come with much higher probability chances. If they do you know I'll be looking for them.

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To top it off the indicators are all in perfect alignment. I feel like I'm witnessing some sort of rare cosmological linear event. This trade could be more perfect, yes, but it's so darn gorgeous right now I might be heartbroken for a day or two if it goes against me.

Comment:
What do you think, is it a good time to go in full size again?
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