SBM chart, page-267

My 2 bob on SBM
On the monthly chart we have seen price push to $11.59 which is looking like the end of a sub wave 3 and moving into a sub wave 4. Noting that it has retraced to 50% of the previous move up. This could indicate the end of subwave 4 and we should start seeing a push up into sub wave 5 with an initial price target between $11.48 to $14.12..

An entry here is somewhat risk as price could move lower. I haave entered today with atight stop just below the current low. The risk to reward ratio here is pretty good with only 3% risk with a possible 42% gain just filling the gaps on the last move down