Tea leaves somewhat congealed atm. We could be very close to the end of an intermediate (a)(b)(c) correction. Otoh maybe near the end of a C wave of a minor wave 2 correction (short term - days to weeks) of a new and larger bullish intermediate term (weeks to months) impulse wave . Fwiw I think that the recent performance of EXT is nicely consistent with simplified EW theory. So either way the next move should be decisively to the UP side real soon now if she continues to fit the Robert Miner simplified EW model. With this in mind plus use of Median line charting my next short term target is $6.35 or greater. I'll throw up another chart if or when it all becomes a bit clearer.
jmo
EXT Price at posting:
$4.72 Sentiment: None Disclosure: Held
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