For those interested in studying charts, the CBA chart indicates...

For those interested in studying charts, the CBA chart indicates some distinct possibilities.

So far there has been a five-wave count from $161.37 to $150.26 ($11.11).

This leaves the problem of calling the $11.11 wave an A wave or a 1st wave. Whatever follows is expected to be a 3 wave move labelled a,b,c., forming either a B wave or a 2nd wave. If it is a B wave, the final C wave would expect to be approximating the A wave ($11.11) or 1.618 x $11.11 = $17.98.

Being conservative, assume the B wave corrects the A wave by 61.8% back to $157.13. The final target should be either $146.02 or $139.15. You would need to watch the formation & length of each individual wave to decide which target was most likely.

On the other hand, if the $11.11 move to $150.26 is a 1st wave, the easiest way to estimate the length of the 5 waves is to multiply the length of the first wave by 2.618 to give you the expected approximation of the 5 waves. ($11.11 x 2.618 = $29.09). Therefore, $161.37 - $29.09 = $132.28 which would be the bottom of the A wave. Again, assume a 61.8% move back up, which would be conservative, ($29.09 x 0.618 = $17.98).
$132.28 + $17.98 = $150.26 target for B wave.

The C wave target length either equal to A wave ($29.09) or 1.618 x $29.09 = $47.07.

This leaves us with 2 targets either $150.26 - $29.09 = $121.17 or $150.26 - $47.07 = $103.19

Overall, there are 4 possibilities, $146.02, $139.15, $121.17 or $103.19.

I believe the $121.17 is in the area where CBA starts to become a viable investment.

The above are purely mathematical calculations based on which ever wave count proves to be correct. Watch the wave formations & draw your own conclusions.