At the end of August I suggested M7T had a short-term target of...

At the end of August I suggested M7T had a short-term target of about $1.31 (posted on my own web site - not here). Reasons given were -

Elliott Wave suggests M7T is on Wave 5 which is a strong rising wave. It looks like the stock has made a Wyckoff Pattern which (using Point & Figure charts) has a target of $1.27. A recent resistance break pattern suggests a target of $1.31 which I see as a natural resistance level (the red horizontal lines on the chart).For the Elliott Wave aficionados note how close the Wave 3 peak is to the Fibonacci 261.8% extension of Wave 1 – just where theory says it should be found. Price is in an uptrend making higher lows and highs which is also a positive.

I bought in at the time of my earlier analysis, and an update today shows nothing much has changed. Price still heading slowly for $1.30 approximate, although recent price action does suggest a subsequent slightly higher target of $1.40