Posted by steve101 on 20th of Apr 2026 at 09:46 am
CRML. My wave count is that its begun a wave 5 as have several
other rare earth equities that I have been in since June of last
year Holding for long term capital gains. Entered CRML back in June
at 1.37. Its my style to try to find things I can hold for over a
year. That means I have to be willing to tolerate the big swings in
waves 2 and 4.:
https://stockcharts.com/sc3/ui/?s=CRML&a=2121776541&p=D&yr=1&mn=8&dy=0&id=p23323535983
think you need to look at it again - where you mentioned wave 4
at a low of 6.91 at the end of last year, this is HIGHER
than the 6.54 from late March this year
I'm not an expert but still think it's not according the EW
rules
as you drew that you would need to shift wave 4 to the right (as
a 4th wave coil) if it's a true coil this bounce is probably a wave
d, when a e higher low pullback coming to complete it
honestly for me that's too big for a 4 - if you shift instead to
a weekly what might fit better would be the move off the 2025 lows
as wave 1 with the top at 32.15 and this big up and down
consolidation some sort of wave 2 (not a wave 4) and if wave c is
complete it should be in early stages of wave 3. But again,
subject to change
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CRML. My wave count is
Posted by steve101 on 20th of Apr 2026 at 09:46 am
CRML. My wave count is that its begun a wave 5 as have several other rare earth equities that I have been in since June of last year Holding for long term capital gains. Entered CRML back in June at 1.37. Its my style to try to find things I can hold for over a year. That means I have to be willing to tolerate the big swings in waves 2 and 4.: https://stockcharts.com/sc3/ui/?s=CRML&a=2121776541&p=D&yr=1&mn=8&dy=0&id=p23323535983
POS!
Posted by shellson2 on 21st of Apr 2026 at 09:33 am
POS!
think you need to look
Posted by raymuy on 20th of Apr 2026 at 11:39 am
think you need to look at it again - where you mentioned wave 4 at a low of 6.91 at the end of last year, this is HIGHER than the 6.54 from late March this year
I'm not an expert but still think it's not according the EW rules
as you drew that you
Posted by matt on 20th of Apr 2026 at 11:57 am
as you drew that you would need to shift wave 4 to the right (as a 4th wave coil) if it's a true coil this bounce is probably a wave d, when a e higher low pullback coming to complete it
honestly for me that's too big for a 4 - if you shift instead to a weekly what might fit better would be the move off the 2025 lows as wave 1 with the top at 32.15 and this big up and down consolidation some sort of wave 2 (not a wave 4) and if wave c is complete it should be in early stages of wave 3. But again, subject to change