Continued from my previous elliot sub wave analysis. Look for retracement at the 61.8 buying at 15.85. Should see a max price in wave 3 around 23.00. After the macd dips below the 0 indicator line the start of wave should start when the MA PEAKS over the line.
Komen:
Make sure your MACD is set to 5 and 31. Not 12 and 26 for EMAs.