Hmm. At this point it is starting to look like wave 1 might not...

Hmm. At this point it is starting to look like wave 1 might not be over, yet. I would have expected it to go down today after a small rise, but I think this is too high. So we might be seeing it start a second 5 wave sequence. It could be doing an ending triangle but that would be a little unusual in this position as I believe they normally come at the end of a run up and this is just the end of the first rising pattern. I have been seeing a number of other stocks do a double 5 wave sequence in the last couple of months. Too early to tell, but this is sure looking like the previous analysis with wave 2 starting now is premature. If it is an ending triangle it can't go below the line of the previous two lows, if wave 2 retrace it can't go above about 261, I think, and if it is the start of a second 5 wave pattern it can't go below about 256 from here.