CXO - Chart Thread, page-4007

Here's an alternate view on the CXO chart by tradinglounge, who regularly publish their videos on youtube.  Ultimate target is $2.50+ over the coming months but they expect to see some downside in the very short term.  If their count is correct and the latest wave 1 top is in place, then possible short-term retracement targets are $1.35 at the 38.2% fib, $1.25 at the 50% fib and $1.15 if we get all the way down to the 61.8% fib.  Very much depends on how much panic hits the broader market during the current sell-off.