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.........
Looking at the yearly chart I am squinting to see an inverse...
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