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EMC Chart, page-310

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    I see two scenarios:
    1. The gap has been filled, and now we go and back test the breakout to test the $1 Support level.
    2. The anticipation of "the announcement" and the pending WAAS has seen us move to a steeper uptrend.

    My judgement is now clouded by the excitement and emotion of the moment, and my head is now full of "$1.50 to $2". This, combined with the limitations of my charting skills, has muddled my thinking.

    I would appreciate if any more experienced chartists could please lend me a hand. I'm all ears.

    emc_ax16feb16_to_21oct16.jpg
 
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