The hour chart gives us a prediction of 318.76 approximately on 2 Nov, the range for reversal is 312.6 to 344.88 - being the 78% and 61% fibs respectively. A drop below 312 would have to be considered problematic as it approaches cancelling the hour chart's wave 1. A drop below 275 is definitely a problem, but one might consider that unlikely given the stated progress towards additional signings. Obviously a second signing changes everything, but my instinct is they will need at least 3 to have a more permanent effect on the SP.
On the plus side, a reversal in the range stated gives a wave 3 target of between 608 and 639.
The hour chart gives us a prediction of 318.76 approximately on...
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