chartwatch, page-45

Since BLT has been a favourite of mine in the Elliott Wave stakes for a while now I thought that I'd have a go at predicting where she might finish after the first lap.
Guess I'll have to settle for somewhere between $1.08 and $1.12 around about the 21st Feb 2014 - peak of wave 5. An alternative to this is the same price target about 11th Mar 2014. I prefer the first-mentioned target date, but would alsobe happy if she reaches the price target anywhere in-between. If things are bullish at target then we could well see an extended wave 5 beyond that price range, which would be nice. What is good to see is the steady upward move in price. We do not want to see her go parabolic until there is a valid reason for same. Otherwise the day traders will swarm in and screw up things.