Another view on [UGAZ]

Backlink.  I was having trouble coming up with an alternative interpretation of UGAZ but in doing the research work I turned on ext trading and got a similar bullish count as before.  Both point to a 5th wave at $1.40 but it also strikes me that this could be 1-2-1-2-3 so we might not see a big drop from $1.40 as shown.  It could be a much smaller retracement in order to put in 1-2-1-2-3-4.