Just back from a long lunch. Very good red wine.
I noticed the shares got back to 64.5c, my target is 62c.
My previous post contained an error in my haste to go to lunch.
A 5th wave is usually equal to wave 1 or 38.2% of the total move not 61.8%.
On that basis, if equal to wave 1, wave 5 would be 18 cents & if the bottom of wave 4 was 62c, wave 5 would be 16 cents. If the current wave 4 low remains at 65c then wave 5 should be 18 cents. Not so amazing, both wave 1 & wave 5 could be equal if current wave 4 low of 65 remains.
It is possible that we have a larger degree wave 4 correct the wave 3 impulse, followed by an impulse wave 5. From there a larger degree wave 2 corrects a percentage of the entire move, then we get FAA approval & a huge, larger degree wave 3 takes us to the stratosphere with more to come.
Just back from a long lunch. Very good red wine.I noticed the...
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42.0¢ |
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| Open | High | Low | Value | Volume |
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Change
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