Looking at the yearly chart I am squinting to see an inverse head and shoulder with the second shoulder having been formed overnight.
If we are in a corrective inverse head and shoulder up phase then I have price targets from here to 74.85, ie. length of wave one (70.15-60.08 = 10.07) extended from the base of wave 2 (64.78) to finish out at 74.85 (64.78 + 10.07 )
If the shoulder is not complete then it may find itself at 63.30 which would be the apex of the left shoulder.
Who knows...? Not me.
Wha' da ya reckon.........
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Looking at the yearly chart I am squinting to see an inverse...
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