Bring on the 20th of August!, page-27

DaBull, theres only one other count for POO and it's very bearish. We'd expect Beach to behave in the same manner:

The alternative count is that POO made a Wave A low in Jan 2016. We have just now made a Wave B top (literally this week), and we are now commencing a C wave down. A C wave would take POO well below the Jan 2016 low, and Beach's price would come back down to the 15-30c price range. There's nothing at this time to say this count is invalid. But we'd need to see some extremely bearish action in the next couple of months. It's a possibility, but it doesnt have the strongest probability at this time.

We'd want to see price break to new highs pretty quick smart if this bullish count is valid. ITs not al smooth sailing by the way. We'll have to put in a Wave (4) correction at some point and that could be a good and or protracted pullback lasting well over a year.

Probably the best indication would be for POO to hold around the high 60s and start climbing higher form there.