From the backlink I had modeled that wave 4 was complete and that wave 5 of C should be done soon:
Bottom line is that I think wave green 4 is extending into a horizontal triangle and that the final wave (5 of C of 2) is ahead of us. The target price has dropped a bit because the support line slopes downward. So it should bottom in the high $1.60s maybe low 1.70 range.
Saturday, November 21, 2015
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