Pardon my wave counting, i'm not really good at it, still a newbie, but it looks like if the recent consolidation breaks out to the upside, we'll see $GXY at the 2.60 levels at the minimum.
Once 2.6 gets resolved, it's possible for $GXY to reach near 5's next year, but it might encounter resistance once it reaches the near 4 levels (range from 3.8-4.8) based on observing how the candlesticks are formed in the higher/longer timeframe...
If 5 is breached (a big IF, low probability though but anything can happen in the stock market), next is 6 then the ATH at 8. Im thinking it might be a 2022 possibility, not next year. Assumption is we are in a long term bull run.
GXY Price at posting:
$2.20 Sentiment: Buy Disclosure: Held
