Double Bottom in LLC, page-39

My 2 bob,

The monthly chart shows LLC forming an Elliot Wave 2 so it is highly likely to push down to at least the 90% retracement level at $6.28 and posible spike down to $5.46 which is a 138.2 extension off the move down. So once price reaches those levels i will be looking to enter. Having said that though once price touches the 90% retracement or pushes through that level i will be watching closely as i want to see that monthly close above the 90% retracement level for confirmation that the downward pattern has ended. If prices close below that level then it is HIGHLY LIKELY that price will push lower, and i will exit the trade