In the backlink I provided two potential models but the recent sideways action suggest the potential for a 3rd likely model as shown below. So if we get a slow 3 wave move up that kisses the top rail or throws over the top rail only to come back down into the channel, the odds go up very rapidly that 5 of 5 of is is about to play out. The bottom target for this would be when blue 5=length of blue 1 and that would be about $2.
I'd love to see this happen very quickly, unicorn tail style, on high volume. That would be a major, major buy signal IMO. Buy and plan to hold for a few years. Buy and then request the stock certificates from the broker.
Sunday, September 20, 2015
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