In the back link I called it crunch time for the CJES breakout model and the CJES model did not disappoint. The model expected a pullback to around the level of the prior 4th as shown below. The common fib retracements were also high possibility targets.
The shares dutifully pulled back to the 38.2 fib. This thing is headed to $20 soon according to my models which have been working pretty well for me of late.
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