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Lions Gate Entertainment Corp. Message Board

  • lagunadan92677 lagunadan92677 Oct 20, 2012 4:16 AM Flag

    Elliot Wave Theory

    Wanna, now that our stock is really taking off, have you been able to determine which wave 3 stage we are in? You currently seem to be the one posting the most relevant information.
    I imagine you were as much jazzed as I was that we held $16. despite Friday's market sell-off. :)

    Sentiment: Strong Buy

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    • Hey Laguna,
      Wave analysis changes frequently.....currently it is on a much longer timeframe than the one I disclosed previously.....probably because it was consolidating a while at the 15+ level.....Anyway, it is indicating a Wave 3 completion of 18 or so..... which I presume will be achieved leading up to earnings for sure. I will keep you updated if I see any changes.

34.43-0.57(-1.63%)Nov 24 4:03 PMEST