FD20, using 1.54 as a potential top of wave iii, a 38% retrace is 0.9 exactly. It would also fill a gap that would look best if filled before the next leg up, so you MAY be absolutely spot on. Of course, impossible to tell as we don't know where this wave will end. So far we've seen large extension on almost every Vth waves of various degree (was even the case during the 2000 run up), so we could end much higher in which case 0.9 will likely be out of question. Typical wave 4 retrace are 38 to 50% but I just can't see AZS making a 50% retrace on a 4th of this degree (larger degree 3rd). So, anything over 1.55 rules out the 0.9 IM HUMBLE O
AZS Price at posting:
$1.25 Sentiment: Hold Disclosure: Held