PLS chart, page-15240

Hi Darkstone

I noticed that a 38% retrace taking out both gaps as well, if 4.74 is the top ( I am not discounting the chance of a double top). I think that we still may have some more run up left, but even if it gets to 4.86 the 38% retrace will still take out both gaps. In the last cycle it took out both gaps and forgot to stop. New lower-low.

Yes those warlocks look like they are just doing a rerun of at least the upward cycle. I'm expecting a turn and retrace soon. But what sort of retrace?

Lets see whether the retrace starts to rhyme a bit with the previous retrace cycle down from 5.26. I am expecting the higher 4.45 gap to fill but wonder whether the warlocks are going to run that three week sideways pause again before doing so.

We shall see.

cheers Lies